Charlie Munger and Warren Buffett on Ethanol blending in Petrol:
“Ethanol blending is a very stupid way to try and solve an energy problem.”
“It takes more fossil fuel energy to create ethanol than you can get out of ethanol you’ve created.”
- Charlie Munger. 2006.
sorry i passed out. it's only been one day for me but i swear i could feel my spine and hamstrings (also knees?) cranking and creaking as they opened up after 24 years of use unuse and abuse. i sobbed a little. here's the vid https://t.co/SCU47vm1qr