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Feasibility is kind of what the article is about. Also, this quote seems salient: >> Finally, Houde said, geothermal is “the perfect energy source to take adva
by cgh 4y ago
Feasibility is kind of what the article is about. Also, this quote seems salient:
>> Finally, Houde said, geothermal is “the perfect energy source to take advantage of the largest workforce in the world, the oil and gas industry.” That industry has “11 million jobs in the US alone, and a skill set that is exactly what’s needed for geothermal to rapidly scale.”
- fuzzfactor 4y agoThere's a thing when you get to only about a mile or two down and happen to strike vastly rich oil reserves. Then you're a billionaire already so what's the incentive to continue going all the way?
- CuriousCosmic 4y agoIf ICE vehicles fall out of fashion, oil will still be immensely useful for chemical refinement but with nowhere near the demand that burning it has. It'd still be a fortune but a slow one rather than a "drain it as fast as possible to print money" kind. Digging deep holes for geothermal guarantees the industry a future at this scale when the move to electric inevitably happens. The alternative is for them to pass up the opportunity and solar, wind, and nuclear to eat their lunch.
- quickthrower2 4y agoWhat is the probability of oil getting in the way of an arbitrary hole whose position is picked for other reasons. Such as proximity to large population.