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Coal Industry Is Getting Ample Funding to Pile Into New Plants

  • A tiny fraction of coal firms have committed to exit dates
  • Banks are still financing coal, the most polluting fossil fuel
A worker inspects a giant crane bucket at an open pit coal mine in Russia.

A worker inspects a giant crane bucket at an open pit coal mine in Russia.

Photographer: Andrey Rudakov/Bloomberg

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The coal industry is still getting enough funding to enable significant investments in the world’s dirtiest fossil fuel, according to a report from German campaign group Urgewald.