“It's estimated that about 30 percent of the increase in grain prices could be attributed to the decision to embrace biofuels, particularly corn-based ethanol. It has done nothing for climate change and the business is in real trouble now with the collapse of oil prices. It's completely dependent on a dollar subsidy and tariff from the government.” RealDoneGovernmentDecisionTroublePercentIncreaseEmbraceDollarsClimateClimate ChangeOilDependentCollapseGrainCornSubsidiesTariffsEthanolOil PriceBiofuels Author:Michael Pollan
“I think that life is a paradox and you have to embrace that in your work and your belief systems... You can't be a literalist, and that's the trouble that people always find themselves in. That's why people always hit a wall with any of my stuff, because you can't take it literally.” PeopleThinkingLife IsBeliefStuffTroubleWallEmbraceParadoxBelief Systems Author:Madonna Ciccone
“I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand ( although I find it difficult to apply ) even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital.” WayHumansMayMeanGamesEasyDifficultLossStepsClearTroubleConditionsApproachLogicEmbraceBoundsProfitPermanentAbandonNew Approach Author:Warren Buffett