Schedule 40, OK. Smurf tube, never. It is not approved for exposure to UV.
Here is the 2002 NEC on the subject: "250.63(B) Securing and Protection from Physical Damage.
A grounding electrode conductor or its enclosure shall be securely fastened to the surface on which it is carried. A 4 AWG copper or aluminum or larger conductor shall be protected if exposed to severe physical damage. A 6 AWG grounding conductor that is free from exposure to physical damage shall be permitted to be run along the surface of the building construction without metal covering or protection where it is securely fastened to the construction; otherwise, it shall be in rigid metal conduit, intermediate metal conduit, rigid nonmetallic conduit, electrical metallic tubing, or cable armor. Grounding conductors smaller than 6 AWG shall be in rigid metal conduit, intermediate metal conduit, rigid nonmetallic conduit, electrical metallic tubing, or cable armor.
