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Texas deep freeze delivers Macquarie USD 210m windfall

The Australian investment bank has gleaned a tidy sum off last week's extreme cold weather and resulting price fluctuations in Texas.

Photo: David Gray/Reuters/Ritzau Scanpix

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Maersk advocates for a "significant" CO2 tax

Shipping major Maersk says a coming carbon tax should be "significant" to prompt shipping companies to shift course away from using fossil fuels. The group also says the EU's CO2 quotas can be used as a lever in the IMO.

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