From Environmental Liability to Clean Power: Converting America's Oil Wells

Millions of abandoned oil and gas wells across the U.S. represent a dual crisis—environmental contamination and prohibitive cleanup costs that strain state budgets. States are pursuing an innovative solution: converting these depleted sites into geothermal energy producers that generate carbon-free power while transforming financial liabilities into revenue opportunities. This emerging bipartisan strategy addresses environmental restoration, energy security, and economic renewal simultaneously.