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A House panel voted to scrap Synthetic Fuels Corp.

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By voice vote, the 42-member House Energy and Commerce Committee approved a bill to abolish the $20-billion synthetic fuels program in 90 days and take back most of the $7.9 billion that it still has for subsidizing projects to convert coal and shale to liquid and gas fuels. With approval by the Energy Committee, the legislation now moves to the House Banking Committee, which shares jurisdiction over the synthetic fuels program.

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