Citizens concerned about public health, land degradation, and clean air standards have driven coal from the market, said RBF President Stephen Heintz in an editorial for CNN.com on April 21, 2016. Heintz made the case for divestment in the wake of news that coal giant Peabody Energy has declared bankruptcy. Oil and gas will face similar existential crises as renewable energy becomes the cheaper and cleaner alternative, he said.
Heintz recently spoke about the dangers of continued coal extraction and the Fund’s experiences aligning its portfolio with its mission to build a more just, sustainable, and peaceful world at the first Australian Divest-Invest conference.
CNN.com: “We're getting out of fossil fuels investments” (April 22, 2016)
Divest Invest: Keynote Address (April 5, 2016)
ABC.net.au: The greening of the Rockefellers (April 6, 2016)