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On Monday the Nebraska Public Service Commission in a 3-2 decision approved TransCanada's (TRP) - Get TC Energy Corporation Report controversial Keystone XL pipeline but not on the preferred route.

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They instead passed the "Alternative Mainline Route," which will affect some 40 landowners who otherwise would have been unaffected by preferred TransCanada pipeline, as it stretches it farther east.

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Their approval marks the final significant regulatory hurdle the controversial pipeline faces. Shares of TransCanada were higher over 1% following the approval.

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