All press is good press, right, Clean Line?
Not necessarily. After years of using Democrats and environmental organizations as mouthpieces for its "clean energy" scheme to build billions of dollars worth of highly profitable new electric transmission, Clean Line suddenly wants everyone to believe that it has an "in" with the new Republican Trump administration. As if media spin and fake news could boost investor confidence in a company with no conceivable revenue stream.
Last week it was the fake "Trump administration" infrastructure list that turned out to be nothing more than a lobbyist constructed wish list. The Trump team disavowed the list as coming from them.
This week, E&E's environmental trade press wants us to believe that Clean Line's Jimmy Glotfelty may be appointed "Chief of Staff" in Perry's Department of Energy.
Hahahaaaaa!
Entertaining, however nothing but more fake news designed to pretend that Clean Line's projects are viable because they will be boosted by the new administration.
So, why can't Jimmy walk into DOE's revolving door and help Clean Line from the inside?
Because he's personally invested in the company. This would be a huge ethics violation for an individual to "regulate" his own investment.
From Clean Line's testimony at the Missouri PSC:
Not necessarily. After years of using Democrats and environmental organizations as mouthpieces for its "clean energy" scheme to build billions of dollars worth of highly profitable new electric transmission, Clean Line suddenly wants everyone to believe that it has an "in" with the new Republican Trump administration. As if media spin and fake news could boost investor confidence in a company with no conceivable revenue stream.
Last week it was the fake "Trump administration" infrastructure list that turned out to be nothing more than a lobbyist constructed wish list. The Trump team disavowed the list as coming from them.
This week, E&E's environmental trade press wants us to believe that Clean Line's Jimmy Glotfelty may be appointed "Chief of Staff" in Perry's Department of Energy.
Hahahaaaaa!
Entertaining, however nothing but more fake news designed to pretend that Clean Line's projects are viable because they will be boosted by the new administration.
So, why can't Jimmy walk into DOE's revolving door and help Clean Line from the inside?
Because he's personally invested in the company. This would be a huge ethics violation for an individual to "regulate" his own investment.
From Clean Line's testimony at the Missouri PSC:
Clean Line’s owners are GridAmerica Holdings Inc., a subsidiary of National Grid USA (“National Grid”); Clean Line Investor Corp., a subsidiary of ZAM Ventures, L.P. (“ZAM Ventures”); Michael Zilkha; and Clean Line Investment LLC.
Clean Line Investment LLC is a vehicle for service providers and employees to invest in Clean Line, and is a small, minority shareholder in Clean Line.
Which employees have invested in Clean Line Investment LLC?
Michael Skelly
Michael Zikha
Jayshree Desal
James Glotfelty
Mario Hurtado
David Berry
If the mysterious "source close to the DOE" who placed Jimmy's name on the short list for a DOE position thought nobody would ever notice that Jimmy has a huge conflict of interest, the cat's now out of the bag.
What a ridiculous bunch of fake news! Clean Line's attempts to generate supportive fake news has finally jumped the shark. This simply cannot happen.
I wonder how much it has cost to place Clean Line in all this fake news? As the folks at Block Clean Line ruminated:
What a ridiculous bunch of fake news! Clean Line's attempts to generate supportive fake news has finally jumped the shark. This simply cannot happen.
I wonder how much it has cost to place Clean Line in all this fake news? As the folks at Block Clean Line ruminated:
While all these things seem kind of academic, it's pretty clear from Mario Hurtado's interview with NewsOK that the truthiness of this list isn't going to stop Clean Line from spinning it in a way they can use to preen (beg?) for financing and to pressure landowners.
"When the Trump campaign was looking at infrastructure, we thought it was a good thing to mention. We're just happy to be part of the conversation."
Like, when did you just happen to mention it? Did you run into them in the grocery store? How much did that conversation cost?
And how much mileage does this fake news really have?
Will it change the Participation Agreement between Clean Line and the U.S. DOE that requires the company to secure customers and financing before the DOE steps in to negotiate rights of way for the project?
No.
Will it cause utilities to sign contracts for transmission capacity from a bunch of wind generators that haven't even been built yet?
No.
Transmission without generation is a cart before horse proposition fraught with risk. Would you buy shipping for a product from a certain location, before you even decided where to buy your product? Of course not. And that's where Clean Line's business plan hit the molasses swamp.
Will the Trump administration be fooled by all this fake news to believe that it supports a transmission project that its never taken official notice of before? Will no one speak out about all this fake advocacy?
Personally, I've had enough fake news. As if the folks so upset by last year's election can overcome it by projectile vomiting a huge vat of half true and made up crap. The greatest danger of embellishing is that folks will simply tune you out and stop listening.
Will it change the Participation Agreement between Clean Line and the U.S. DOE that requires the company to secure customers and financing before the DOE steps in to negotiate rights of way for the project?
No.
Will it cause utilities to sign contracts for transmission capacity from a bunch of wind generators that haven't even been built yet?
No.
Transmission without generation is a cart before horse proposition fraught with risk. Would you buy shipping for a product from a certain location, before you even decided where to buy your product? Of course not. And that's where Clean Line's business plan hit the molasses swamp.
Will the Trump administration be fooled by all this fake news to believe that it supports a transmission project that its never taken official notice of before? Will no one speak out about all this fake advocacy?
Personally, I've had enough fake news. As if the folks so upset by last year's election can overcome it by projectile vomiting a huge vat of half true and made up crap. The greatest danger of embellishing is that folks will simply tune you out and stop listening.
Here's a little reality.
No matter how Clean Line spins news to try to make you believe Trump champions their project, there is nothing the administration can do to make the project happen. It's a market-based project, and the market just isn't there. Who is Clean Line trying to fool with this fake news? Maybe landowners, who are resisting their efforts to purchase rights of way for the project. Maybe investors, who may be getting nervous because Clean Line has no customers. And maybe they just like to hear the sound of their own name, even though the claims are empty.
Is the Trump administration really having secret meetings with Clean Line Energy Partners? Go ahead, ask them!
No matter how Clean Line spins news to try to make you believe Trump champions their project, there is nothing the administration can do to make the project happen. It's a market-based project, and the market just isn't there. Who is Clean Line trying to fool with this fake news? Maybe landowners, who are resisting their efforts to purchase rights of way for the project. Maybe investors, who may be getting nervous because Clean Line has no customers. And maybe they just like to hear the sound of their own name, even though the claims are empty.
Is the Trump administration really having secret meetings with Clean Line Energy Partners? Go ahead, ask them!
Right now, I'm a villager. I don't believe it.
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