Keystone XL oil pipeline faces critical decision

Nebraska's state energy regulators are set to make a key decision Monday on whether to allow TransCanada’s Keystone XL oil pipeline to move forward.

Climate change activists are vowing to continue fighting the project if the state's Public Service Commission decides to approve it.

The Keystone XL pipeline has become a political punching bag between the Right and the Left for nearly a decade, and it looks like that will continue, despite President Trump’s executive action soon after he was inaugurated to expedite the project.

"Even if Nebraska's PSC approves the permit, the fight’s not over yet,” said Jason Disterhoft, senior climate campaigner at the Rainforest Action Network.

He said if Nebraska gives the pipeline the thumbs up, they will take the fight to the financial institutions that back TransCanada. The group plans to use a Dec. 15 deadline for the company to renew its loan obligations with major investment banks, putting pressure on the banks to end their business with the large Canadian energy company.