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 emissions of regulated pollutants from stationary sources; and
2. Existing and new technology projects that reduce emissions from upstream and midstream oil and gas exploration, production, completions, gathering, storage, processing, 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, or
- c.the installation of emissions monitoring equipment or devices.
Added by Laws 2022, c. 346, § 3, eff. July 1, 2022.