Icahn’s huge bet against biofuels credits

BILLIONAIRE investor Carl Icahn’s oil refining company, CVR Energy, made a massive bet in 2016 that prices for US government biofuels credits would fall — just before Mr Icahn started advising President Donald Trump on regulations driving that market. The size and specifics of the gamble — involving $US186 million ($F389m) worth of biofuels credits […]

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