The world’s biggest lender to fossil fuel projects just took a baby step toward curbing that investment. Yet for climate activists, JPMorgan Chase’s new restrictions on loans to coal mining, coal power, and Arctic oil and gas drilling are welcome — but still, not enough, Steven Mufson and I reported Monday evening. “It seems like weak beer to me, basically just copying Goldman,” climate activist Bill McKibben said, comparing the pledges to those recently made by Goldman Sachs. “But it shows that even the biggest bank on Earth feels citizen pressure, so we will keep supplying that!” JPMorgan, he added, will “retain the title of the doomsday bank.” JPMorgan said on Monday it would effectively stop offering loans to new coal-fired power plants or refinancing to existing ones. It will also no longer provide money or advice to firms making most of their revenue from coal. […]