Three Rockefellers say banks must stop financing fossil fuels
Daniel Growald, Peter Gill Case and Valerie Rockefeller write: One hundred years ago, as a deadly influenza gripped the world and the stock market dropped precipitously, our great-grandfather John D. Rockefeller Jr. began investing in New York banks to diversify the family’s business away from fossil fuels in the midst of the economic uncertainty. The result was the beginning of our family’s century-long association with what is today JPMorgan Chase, known in its earlier incarnation as the “Rockefeller Bank.” The…