That was the wording in 1999 NEC 250.122(B): "Adjustment for Voltage Drop. Where conductors are adjusted in size to compensate for voltage drop, equipment grounding conductors, where installed, shall be adjusted proportionately according to circular mil area."
I didn't check the PI/PC for the 2002 NEC change to 250.122(B), but I expect the concern was the frequency of interactions that went like this:
Inspector: Looks like you upsized these conductors for voltage drop, you need to upsize the EGC wire.
Electrician: No, it's just for future expansion, it wasn't voltage drop.
So I don't think the CMP wants to put the inspector/AHJ in the position of determining why the wire was upsized.
Yeah, I've heard that argument, and considered it, and I still think it's the wrong approach. The NEC gives AHJs lots of authority to interpret the facts of installations in all sorts of places and I don't see why this should be different. E.g. should the code spell out what is 'subject to physical damage' because installers and inspectors might have disagreements in the field?
I mean, conversely to your scenario, when it's obvious to everyone that voltage drop is not the reason, then the AHJ shouldn't be pushed to enforce this rule. For short runs the future expansion justification ought to be a slam dunk. I mean, if we had to upsize an EGC every time someone ran a 100A feeder to a subpanel that has less than 50A of calculated load...

Thankfully, I don't see this in the field. I'd like to think it's selective enforcement because the inspectors also realize how stupid it is, although probably it's just unawareness.
Perhaps it calls for an IN with some real engineering info to guide AHJs on the length considerations. Or alternatively, I might settle for the entire upsizing rule not to kick in until a certain length of conductor is reached.
Also, while voltage drop is a close proxy for the issue that would require upsizing a wire-type EGC, it's not exact. You could have a situation where the minimum size wire gives a voltage drop of say 2.5%, and you have some performance reason that you need to keep voltage drop below 2%. A normal size EGC will still be adequate.
That's at least related to why I stipulate in my formulation that the *length* of the conductors must be part of the reason. Voltage performance reasons not really related to length shouldn't count.
I'm open to a better formulation, although doubtless changing either CMP's mind at this point will be difficult. My real point, again, is simply that while in reality a certain amount (a lot!) of voltage drop in a fault is the only valid reason to require EGC upsizing, both CMPs get that wrong; the 250 CMP by sweeping up everything that isn't voltage drop, and the 690 CMP by explicitly exempting voltage drop.