As used in the Oklahoma Emission Reduction Technology Incentive Act, 'Emission Reduction Project' means and includes, but is not limited to: 1. Existing and new technology projects that reduce on-site emissions of regulated pollutants or carbon oxides from stationary sources; and2. Existing and new technology projects that reduce emissions from upstream, midstream, and downstream oil and gas exploration, production, completions, gatherings, storage, processing, refining, distribution, and transmission activities through the following:a.the replacement, repair, or retrofit of stationary compressor engines,b.the installation of systems and/or equipment to reduce or eliminate the loss of gas, venting of gas, flaring of gas, or burning of gas using other combustion control devices,c.the installation of systems and/or equipment to reduce the per barrel consumption of energy, ord.the installation of emissions monitoring equipment or devices.Added by Laws 2022, c. 346, § 3, eff. July 1, 2022. Amended by Laws 2024, c. 353, § 2, eff. July 1, 2024.
Oklahoma Legal Code