Canas, Nathan. 2024. “EU Parliament Calls for European Strategy on Geothermal Energy.” Www.euractiv.com. EURACTIV. January 22, 2024. https://www.euractiv.com/section/energy/new s/eu-parliament-calls-for-european-strategy-on-geothermal-energy/.

The European Parliament called for a strategy to accelerate the deployment of geothermal energy, and to increase investments in it. National regulations and authorization processes have largely delayed progress with geothermal energy and this is an effort to address that. There are financial risks associated with geothermal so it also proposes a harmonized insurance scheme so no country suffers massive financial losses. This is ultimately an important step forward as Europe will try to collaborate to implement geothermal. This is a global issue so it makes sense to not have every country come up with their own approach.

Geothermal is an especially promising green source of energy as it is reliable, continuous, and cost effective. There is no worry that the earth will stop producing heat for periods of time, as is often a concern with the sources of other renewable energies. I think that we should focus more than we currently do on geothermal because it lacks the drawbacks many more popular forms of energy have.