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And of course the problem with using their geothermal to power anyplace off the island is the couple thousand miles of undersea power transmission line that'd be needed.
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Technically you wouldn't have to go 1000's of miles undersea. you could start with inland europe, expand eastward towards asia/Russia, to Alaska, to Canada, and then into the US. Using other Geothermal plants (if we make them) along the way to send power around the globe. of course thats pretty farfetched sounding lol.