Xmsn purpose? DOH! Rate of return!

November 10th, 2020

The Cardinal-Hickory Creek transmission line is in the news — federal court hearing was yesterday… and a most interesting admission by ATC’s attorney Brian Potts:

Brian Potts, an attorney for ATC with the Madison office of international firm Perkins Coie, noted Monday that his client is not actually going to use the transmission line and is only building it for a rate of return over the next 40 years, comparing the situation to entities that build and operate highways for public use.

Got that? “… only building it for a rate of return over the next 40 years…” That’s what we’ve been arguing since CapX 2020! It’s NOT needed!

Read the article here:

Federal Judge Hears Challenge to Massive Multistate Power Line

Posted by Carol A. Overland
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