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On a serious note, we finally have a solution for Ethanol blending.

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Piyush Rai

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13,039 views • 4 days ago •via X (Twitter)

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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 #Ethanol
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Nitin Gadkari claimed higher ethanol blending would make petrol much cheaper, even saying a 60% ethanol blend could bring the effective cost to around ₹15/litre. Data shows ethanol procurement costs have risen, undermining the claim that more blending means cheaper fuel.
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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.
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