Neb. Votes To Advance Bill To Reroute Keystone Pipeline

Law360, New York (November 16, 2011, 4:51 PM EST) -- Nebraska lawmakers voted unanimously Wednesday to advance a bill that would allow TransCanada Corp.'s $7 billion Keystone XL pipeline to be rerouted to avoid the environmentally sensitive Sand Hills region of the state.

The 45-0 vote paves the way for two more rounds of debate slated for Friday and Tuesday and two additional votes, a requirement in the Nebraska Legislature, which has only one chamber.

The measure would authorize the state's Department of Environmental Quality to work with the federal government on an environmental impact study...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.