[Fozzie_DeBear]

Geothermal is as local as wind, solar, hydro etc and can provide a constant source of power. Is it in a fuel form? No. Nothing except hydrocarbons are like that.

The interesting thing about geothermal is that most of the cost is involved in prospecting and drilling holes. Well. We have been drilling holes everywhere for decades.

Institutions aren't exportable (unless you count invasion) but are crucial for creating value for natural resources. They can be copied by other regions though.