If we trust the number given in a linked article in my link above, and energy of 2.24*10^32
would completely destroy Earth. Meaning enough energy to accellerate all particles to escape velocity. Our object is going to give less than a billionth of that effect.
It is a tough call to try to imagine the effect though. Could it penetrate to earth to the core? The heat released must be enough to boil the oceans. I don't know, but I doubt Earth would be a pleasant place to live on.
EDIT: About boiling the oceans, it might not be correct. I skimmed through our Bad Astronomer's review of The Core
, where he says that 10^35 ergs would be enough to vaporize the oceans ten times over. If he's right, that would mean our energy is about 10,000 times short of that effect.