Although the divesting decision is broad-ranging, they single out ExxonMobil for its "morally reprehensible conduct."
ExxonMobil Vs. The World
In the current issue of the New York Review of Books, David Kaiser and Lee Wasserman, the president and the director of the Rockefeller Family Fund (RFF), respectively, explain why the organization decided to divest its holdings on fossil fuel companies. Although the divesting decision is broad-ranging, they single out ExxonMobil for its "morally reprehensible conduct."
"For over a quarter-century the company tried to deceive policymakers and the public about the realities of climate change, protecting its profits at the cost of immense damage to life on this planet," they write, condemning ExxonMobil for not only covering up its cutting-edge research findings on how fossil-fuel burning affects the global climate, but also for willfully promoting an agenda of deception, aiming at confusing and influencing public opinion by turning a scientific issue into a political one.
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