The FLARE Act bars entities from China, Iran, North Korea, or Russia from recouping associated costs, reflecting national security concerns

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In addition to the energy incentives proposed in the bill, Cruz ​​said the language “prohibits entities owned by China, Iran, North Korea, or Russia” that may be operating in Texas from recovering their costs in the same manner. Many US miners, including MARA, Riot Platforms and CleanSpark, operate in the state.