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The cabinet on Sunday unanimously approved a bill to establish a senior inter-ministerial committee which would devise ways to minimize Israel’s dependence on crude oil.
National Economics Council head Prof. Eugene Kandel will chair the
committee and submit his recommendations to the government within 120
“The government sees in research, development and
implementation of technology which reduces the global usage of crude
oil for transportation as a national mission,” Prime Minister Binyamin
Netanyahu said as he announced the decision. “It is not only in
Israel’s strategic interests, but also in those of the free world.”