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OK SB2024
Bill
AI Summary
- Renames the "Oklahoma Carbon Capture and Geologic Sequestration Act" to the "Oklahoma Carbon Capture and Geologic Sequestration, Transportation and Investment Act"
- Declares that Oklahoma was the first state to inject anthropogenic carbon dioxide underground in 1982, benefiting enhanced oil recovery efforts
- States that Oklahoma has potential to produce 9-20 billion additional barrels of oil through carbon dioxide use in enhanced oil recovery, according to the U.S. Department of Energy
- Affirms legislative intent that geologic sequestration of anthropogenic carbon dioxide for purposes other than enhanced oil or gas recovery will benefit state citizens
- Contains an emergency clause making the act effective immediately upon passage and approval
Legislative Description
Environment and natural resources; modifying name of certain act relating to carbon sequestration activities. Emergency.
Natural Resources
Last Action
Enacting clause stricken
3/31/2010
Committee Referrals
Energy and Utility Regulation3/16/2010
Energy and Environment2/11/2010
Rules2/2/2010
Full Bill Text
No bill text available