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The number of insurance companies withdrawing coverage for coal has more than doubled in 2019 as the industry’s retreat from the sector accelerates and spreads beyond Europe, the Unfriend Coal campaign revealed in Insuring Coal No More, its third annual scorecard on insurance and climate change. However, the report finds that even with the first U.S. coal and tar sands policies announced in 2019, the U.S. industry still lags far behind its European peers.
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