Word: quebecs
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...University lost that opportunity, however,when Consolidated Edison decided last March towithdraw their participation in the secondproposed phase of the Hydro-Quebec projects...
Rather than divesting itself of its bond holdings, the committee planned to address Hydro-Quebec's environmental policies through its influence as a shareholder in Consolidated Edison, a New York utility company using Hydro-Quebec electricity, according to committee members...
Goldston Professor of Law William D. Andrews,chair of the shareholder responsibility committee,said that after Consolidated Edison withdrew fromthe second phase, the Corporation's bond holdingsin Hydro-Quebec dwindled...
Andrews said he thought the Corporation hadsold all its bonds by the end of the summer. TheHarvard Management Company would not release afigure for the total bond investment inHydro-Quebec...
Andrews explained that Harvard has a policy ofnon-ownership for the stocks of the large tobaccocompanies but has not recommended the same policyfor Hydro-Quebec...