"Heirs to Rockefeller oil fortune divest from fossil fuels over climate change", 22 Sep 2014

The heirs to the fabled Rockefeller oil fortune withdrew their funds from fossil fuel investments on Monday, lending a symbolic boost to a $50bn divestment campaign ahead of a United Nations summit on climate change...[M]ore than 800 global investors – including foundations such as the Rockefeller Brothers, religious groups, healthcare organisations, cities and universities – have pledged to withdraw a total of $50bn from fossil fuel investments over the next five years...[S]upporters such as Archbishop Desmond Tutu have framed divestment from fossil fuels as a moral imperative – like the anti-apartheid movement of a generation ago...“Climate change is the human rights challenge of our time. We can no longer continue feeding our addiction to fossil fuels as if there is no tomorrow, for there will be no tomorrow,” Tutu said..A number of universities have also started to cut their ties with fossil fuel – with Stanford University dropping coal holdings from its $18bn endowment...The University of California system said last week it would continue to hold on to fossil fuels. Harvard University has also resisted pressure from faculty and students to divest – although Yale has said it will look into whether renewable energy offers a better bet in the long run.