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Coal projects outside China becoming ‘uninsurable’, says climate group

The Guardian · Isabella Kaminski · last updated

New coal power projects are becoming “effectively uninsurable” outside China because so many insurance companies have ruled out support for them, a report has found.

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Related Knowledge Center: ENERGY BASICS: coal

State of Play

The use of coal, a staple of heating and electricity-generation for decades, is in decline in the United States — supplanted by newly abundant production of natural gas — but is still dominant in some parts of the world. While economical, coal use is particularly problematic as international attention focuses increasingly on climate change.

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