Essays

Slow ideas, written by hand.

Weekly long-reads from correspondents who write under pen names — so the argument matters more than the author.

Latest essay

The ethanol bargain.

India hit 20% ethanol blending five years early and is already drawing up the road to E30. The savings are real, the backlash is real, and both deserve to be taken seriously.

The Refiner 5 min read
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