It has to do with what is going on during pedaling. To get the foot from BDC to TDC with 170 mm cranks means the foot must be raised about 14 inches. such raising also involves putting potential energy into the leg. That energy has to come from somewhere. Now, when in the aero position unclip and see if you can raise the foot 14 inches above the BDC position 90 times a minute for an hour. 180 mm cranks means Mike even had to lift about 15 inches. He simply could not do it. Now, he would have been able to do it on regular cranks because he can divert energy from the downward moving leg to put in the necessary potential energy in the upward moving leg that it cannot do itself. The problem with this, of course, is it robs him of power. Or, he could have done it if he had not been so low in front. It is why I made the comment that this position was unridable, at least for Mike.
So, in summary, it takes X amount of energy to get each leg from the bottom to the top of the stroke each revolution. If it isn't provided by the muscles of the rising leg then it must be provided by the muscles of the pushing leg. Rather than using pushing energy to, in part, raise the opposite leg, that energy would be more useful if it all went to move the bicycle forward.