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The Rockefeller Brothers Fund pledged Monday to divest itself of investments in coal and tar sands, promising to reduce that exposure to less than 1% of the total portfolio by year’s end.

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The fund is worth $860 million.

The fund was created by the children of John D. Rockefeller, Jr., a philanthropist whose father founded Standard Oil and was the richest American of all time.

http://money.cnn.com/2014/09/22/news/rockefeller-fossil-fuels/

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