Following Up On Forsee's Energy Company Ties

Following up on my post from Sunday, Janese Heavin has a story today for the Daily Tribune outlining UM System President Gary Forsee's various stock holdings and ties to corporations.  Essentially, Forsee's response to questions about his financial interest in Great Plains Energy -- an energy holding company that is actively opposing federal climate legislation --  is that he'll still be rich no matter what happens.  I don't doubt that a bit, but this quote from his official spokesman has me scratching my head:

Forsee serves on the board of Great Plains Energy, the holding company of Kansas City Power & Light, which opposes the bill that would limit greenhouse gas emissions. That’s not a conflict of interest, Hollingshead said, because board members do not lobby on legislative matters.

Why does it matter if Forsee lobbies while wearing his Great Plains hat?  The point is that he's using his official position to advance a position that would benefit Great Plains stockholders and boardmembers, like himself.  And the larger point is that his public advocacy against the legislation contradicts his previous commitments regarding clean energy, and is effectively a call to maintain the status quo.