Related Question : [Can we 'beam' energy from the moon?](http://worldbuilding.stackexchange.com/questions/3372/can-we-beam-energy-from-the-moon)

I was wondering if instead of 'beam'ing energy from the moon, could it be possible to extend a power cable from the earth to the moon?

If the power cable was fixed at a stationary point on earth, it would be at one of the poles, I guess, otherwise the cable would wrap around the earth as the moon revolves. What other reasons could prevent this from becoming a reality, or what type of improvement in technology would be required to make this achievable?