VOL. CLXXIV NO.84
CLOUDY HIGH 90 LOW 64
THURSDAY, MAY 18, 2017
HANOVER, NEW HAMPSHIRE
Article 23 passes, committing town to renewable energy goals
College revenue dipped slightly in fiscal year 2016
By ANTHONY ROBLES The Dartmouth Staff
OPINION
HUEBNER: MERCY FOR ADMINISTRATORS PAGE 6
BRINCKJOHNSEN: AN HOMAGE TO EBAS PAGE 6
GOLDSTEIN: THE BETTER OF TWO EVILS PAGE 7
CHUN: AM I A YUPPIE? PAGE 7
LAUREN KIM/THE DARTMOUTH STAFF
At last week’s town meeting, town voters passed Article 23 in an overwhelming majority.
By JULIAN NATHAN The Dartmouth Staff
O n Tu e s d a y, M a y 9 , H a n ov e r r e s i d e n t s overwhelmingly voted to pass Article 23 during the annual town meeting. Article 23 set a community-wide goal of sourcing 100 percent of the town’s electricity from renewable energy by 2030 and transitioning heat and
transportation to also run on renewable energy by 2050, joining the Sierra Club’s Ready for 100 campaign. Hanover is the first town in the state of New Hampshire and the 29th municipality in the nation to establish a goal of completely transitioning to renewable energy, according to vice chair of the Sierra Club Upper Valley Group Judi Colla.
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SEE RENEWABLE PAGE 2
SEE TAX PAGE 5
Hassan Hassen ’18 named Pickering Fellow By PETER CHARALAMBOUS
ARTS
Instead of voting for the article by ballot, individuals voted on Article 23 verbally at the town meeting that night. Hanover director of public works Peter Kulbacki said that while town officials have considered transitioning to renewable energy for roughly a decade, they did not begin crafting Article 23
The College saw slight decreases in revenue in fiscal year 2016, according to the College’s 2016 990 tax for m. T he re port shows numerous financial changes for fiscal year 2016, which began on July 1, 2015 and ended on June 30, 2016. The College’s endowment for fiscal year 2016 decreased nearly $200 million to $4,474,403,649 from fiscal year 2015’s end of year balance of $4,663,491,080. The decrease comes in part because of the endowment’s net investment earnings, gains and losses, which totaled -$99,549,524 . For comparison, last year’s net investment earnings, gains and losses were nearly $350 million, while two years back saw a high of $777 million. “ We h a d m o d e s t
negative return,” chief financial officer Michael Wagner said. “Investment markets as a whole were performing negatively and Dartmouth’s investment return was not immune to what was happening in the investment markets.” Wagner said that the decline in the endowment retur ns was consistent with that of other colleges, such as those in the Ivy League. When comparing Dartmouth’s endowment with that of fellow Ivies, only Yale University, with a 3.4 percent increase, and Princeton University, with a 0.8 percent increase, saw positive returns in the past fiscal year. “ I n g e n e r a l , w e ’r e p e r fo r m i n g wh e re we would expect over the longterm and for shorter-term time periods,” Wagner said. “We’re performing along the lines of other
The Dartmouth Staff
Hassan Hassen ’18 was recently named a Thomas R. Pickering Foreign Affairs Fellow by The Washington Center for Internships and Academic Seminars. The program, which is funded by the U.S. State Department, provides a group of 10 undergraduate students and 20 graduate students the opportunity to gain foreign service experience through internships and
education stipends. The fellowship, named in honor of longtime foreign diplomat T homas R. Pickering, allows participants to work two funded summer internships, one at the State Department’s domestic office in Washington, D.C. and another abroad at an overseas embassy. The program also provides mentoring from a foreign service officer and $37,500 annually for two years of SEE HASSEN PAGE 3
COURTESY OF HASSAN HASSEN
Hassan Hassen ’18 will complete two summer internships as part of the fellowship.