CBC reported that TransCanada Corp. (TSX:TRP) has submitted an environmental report on the proposed revised route for the Keystone XL pipeline. The new route purportedly avoids sensitive areas, including the Sandhills region and two small city well fields.
As quoted in the market news:
TransCanada said Wednesday’s filing respects timelines established by the Nebraska Department of Environmental Quality and the overall regulatory process for determining a reroute in Nebraska as requested by the U.S. State Department last November.
“The preferred alternative route in this supplemental environmental report was developed based on extensive feedback from Nebraskans and reflects our shared desire to minimize the disturbance of land and sensitive resources in the state,” TransCanada president and CEO Russ Girling said.
Jane Kleeb, executive director of pipeline opposition group Bold Nebraska, said state and federal officials should reject the proposed route if it would still cross the Sandhills and the Ogallala aquifer.