Synthetic Fuels Corporation

The Synthetic Fuels Corporation (SFC or Synfuels Corporation) was a U.S. federal government-funded corporation established in 1980 by the Energy Security Act (ESA) to create a financial bridge for the development and construction of commercial synthetic fuel manufacturing plants, such as coal gasification, that would produce alternatives to imported fossil fuels. With a seven-member board of directors, the corporation received $20 billion in initial funding to be used in joint ventures with private firms, primarily oil and gas companies, to construct plants and help finance coal mines or transportation facilities.

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