- The fund created by the grandsons of the Standard Oil founder sees a bleak outlook for coal and oil
- Divesting stocks in the industry is morally right and financially sound, says Stephen Heintz
Stephen Heintz has served as president of the Rockefeller Brothers Fund since 2001. The RBF is an international foundation supporting social change to create a more sustainable and peaceful world. The opinions expressed in this commentary are his.
(CNN)The bankruptcy of Peabody Energy, the world's largest publicly traded coal company, shows just how hard it is for coal firms and their backers to make money in a world transitioning to cleaner fuels.