More than 900 thermal coal firms will likely fail to meet global climate commitments, with nearly half of those firms planning to build new coal plants, mines, or other infrastructure in the coming years, according to a new report. The authors of the report, the campaign group Urgewald, argue banks and other investors should refuse to finance the 935 thermal coal firms. “Waiting for coal companies to transition is a recipe for runaway climate change,” Heffa Schücking, the director of Urgewald, told the Guardian. “Unless financial institutions speed up their exit from the industry, we will fail the most basic of all climate tests: leaving coal behind.” (The Guardian)