arkmundi
10 MW
I was reading this article Warming May Not Be Needed, But U.N Leadership Is at the New York Times and came across
I was like, WHAT??? Yea, that RockefellerThe Rockefeller Foundation announced that it would disinvest all its assets in fossil energy starting with $100 billion. Over 180 institutions, organizations and pension funds have begun to follow.
Oil did peak in 2005 and we've been on an undulating plateau of production ever since. The saving grace for humanity has been energy-efficiency, especially fuel-economy standards, as we're getting farther on less. But the divestment movement is picking up steam and this signal of its maturation does not bode well for the petroleum industry.Wikipedia said:John Davison Rockefeller, Sr. (July 8, 1839 – May 23, 1937) was an American business magnate and philanthropist. He was a co-founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust. Rockefeller revolutionized the petroleum industry, and along with other key contemporary industrialists such as Andrew Carnegie, defined the structure of modern philanthropy. In 1870, he co-founded Standard Oil Company and actively ran it until he officially retired in 1897.