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Coal is proving to be a tough habit for Glencore investors

Welcome to Energy Daily, our guide to the energy and commodity markets that power the global economy. Today, reporter Thomas Biesheuvel investigates why many investors won’t give up on coal, even though it has a climate-destroying reputation. Meanwhile, there is a new species weather insurance attracts attention. To receive this newsletter in your inbox, sign up here.

Coal has become an increasingly dirty word in the mining industry, with more and more investors calling for its demise. But when push comes to shove, some hesitate to say goodbye.