Clean Line Dealt Significant Blow in Missouri...

Three strikes and Clean Line’s OUT in Missouri? For our friends up there, we hope so.

Investors: We hope you’re getting as weary as we think you should be.

Remember back in March when we explained that things weren’t looking good for Clean Line in Missouri? Yesterday, in a devastating (but not wholly unexpected) blow, the Missouri Public Service Commission unanimously denied Clean Line’s application for its’ proposed “Grain Belt Express” transmission project.

The landowners and others who organized to protect property rights in Missouri are amazing! Two different projects with two different sets of landowners unexpectedly came together to help deliver a voice to rural landowners (and a message to special interests) across the country. Let their dedication and hard work be an example for what can be accomplished if you work together and NEVER give up.

We’re going to keep this pretty simple today, because we are absolutely sick and tired of dealing with these “folks." That’s the nicest label Ali and I could come up with… we had others in mind. Let us sum up in the simplest terms possible:

1) Projects must benefit local communities. Not in a vague “taxes, jobs, economic development” kind of way, but in a substantial way that encourages the enthusiastic blessing of the people most directly affected by any project. The experience a company such as Clean Line has with landowners is directly proportional to the respect those landowners are given. Maybe that’s a hint about why you’ve found so much opposition to your projects?

2) You can’t force landowners to participate in venture-capitalist schemes. You just can’t. It is not our job to make you money. We don’t owe you our sweat equity. We’re already productive members of society and many of us have made sacrifices to infrastructure that you wouldn’t tolerate in the backyard of your McMansions. We don’t care about your investors, or their return on their investment. We just. Don’t. Care. It’s not our fault they made a bad investment in you. People make bad investments every single day. Maybe the Ziffs will take one less ride in their private jet this year, or buy one less yacht or “summer home.” Cry us a long and winding river.

3) Whining doesn’t help.

"We absolutely want to do the project," said Mark Lawlor, development director for Grain Belt Express. But he added: "Unfortunately, the message that we're getting from Missouri is that investments of these kind might be better spent in other places."

and:

Lawlor said the four commissioners' belief that the project was worthwhile but not approvable under state law "makes for an interesting argument" if Clean Line decides to instead seek federal permission to proceed.

And, what’s up with the hollow threat (again) to get the feds involved? Another multi-year-long, ~$100 million process? Doubtful. If you feel like you’re up to that challenge, we’re ready and willing to share our experience(s) and knowledge with our friends in Missouri.

Maybe that's why you've spent $750k on lobbyists in DC in the first half of this year, eh? (One such lobbyist being Arkansas Governor Asa Hutchinson's former Chief of Staff... but, more on that later.) I guess his newfound "opportunity" included being a lobbyist for Clean Line. Revolving-door politics is everywhere.

What really matters:

Despite the bluff and bluster coming from Clean Line, the positive things the Commission said about Grain Belt Express (in what seems like as much C-Y-A as it does genuine praise), and the "Blame Game" going around between Clean Line, the Commissioners, and the environmental groups... at the end of the day, only ONE fact remains:

YOU LOST, Clean Line. You can try to spin it however you like, but you still can’t build that transmission line in Missouri. Do not pass go, do not collect $200. Case closed.

Congratulations on your win, Missouri!