A cutting-edge technique for igniting hot dry rock (HDR) reservoirs is carbon dioxide blasting. The cooling effect of the drilling fluid was taken into consideration during a numerical simulation of the action range of carbon dioxide blasting-induced cracking. A temperature difference was used to determine the reservoir's material properties. Additionally, temperature distribution functions were used to create the temperature field in the reservoir. The blasting load is calculated using the pertinent theories and formulas of explosive blasting, and the process of blasting carbon dioxide to excite the HDR reservoir is modeled using COMSOL. The findings show that several stress concentrations take place during the blasting process. The fracture zone is created by the tensile stress concentration outside of the crushing zone, whereas the compressive stress concentration close to the blast hole creates the crushing zone. Furthermore, the effectiveness of carbon dioxide blasting fracturing would be affected by the beginning temperature and pressure plate thickness. Although the scope of the fracture zone is mostly unchanged, the initial temperature has a significant impact on the blasting crushing zone. The size of the crushing zone, which determines how the blasting fracture zone is distributed, is unaffected by the pressure plate's thickness.