Tufts University of Massachusetts has decided to sell its investments in Hydro-Quebec bonds to protest against the proposed Great Whale River Project. At a closed-door meeting in late February, the university administration decided to sell investments of $2 million because of the Great Whale project’s “potential negative and irreversible impact on the environment and the native people living in the region.”
Tufts is the second U.S. college to take such action, following in the footsteps of New Hampshire’s Dartmouth College, which sold its Hydro bonds in December 1992. Hydro spokesman Guy Versailles downplayed the decision in an article in La Presse, saying that $2 million isn’t very much money. “It shows that people are vulnerable to the kind
of manipulation we have seen on the campus of this university,” he said.