ESG: Coal demand is soaring but producers are blocked from banking, insurance and more

Some coal producers are setting aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel https://reut.rs/3YVATBz Reuters 08/31/2023

Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects, in response to pressure from shareholders, governments and environmental groups who want to limit coal's contribution to global warming. This follows similar moves by banks to restrict their coal financing activities.
https://archive.vn/Oj7jh