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The investment firm financing the UK’s controversial re-entry into deep coal mining is a signatory to the Principles for Responsible Investment (PRI).
The UK Government has been heavily criticised in recent weeks for choosing not to intervene in plans to build a deep coal mine at Whitehaven, in the North West of England, which will be Britain’s first in 30 years. The plans were approved locally by Cumbria County Council after the country's Secretary of State for Housing, Communities and Local Government, Robert Jenrick, declined to ‘call-in’ the proposal for further consideration, preferring the decision to be made at a local level.
The mine, developed by West Cumbria Mining, will produce coking coal, which is used in the manufacturing of steel. However, Lord Deben, Chair of the UK Government’s Climate Change Committee…