Back in 2020, the European Union gave the go-ahead to a project looking into the viability of extracting geothermal energy from oil wells. The idea: diversify low-carbon energy sources beyond wind and solar. Now, they are doubling down on heat from the ground. Reuters reported this week that the 27 members of the bloc had drafted a document demanding a commitment to the reduction of emissions from cooling and heating systems, and with it, a commitment to explore the potential of geothermal energy as a replacement for hydrocarbons in power generation…
