Congress Says Yes to Space Mining, No to Rocket Regulations
wired.com
wired.com
The question of the ability for private enterprises and persons to claim rights to resources in space is interesting and needs to be regulated (if its not already so) in order to open up opportunities. But at I don't see how the regulators of one nation could do this regulation.p by themselves, it needs to be an international treaty. Imho.
Its not something you can usually do on Earth because most of Earth is subject to sovereignties which have prohibited it, and to whose prohibitions other sovereignties have generally elected to give some effect.
*Adds space accountant to the list of acceptable jobs for my son...
If China (the government) were to go into space and start mining things, the US would likely be limited to diplomatic recourse, or if objectionable enough, perhaps war. Clearly, American government does not directly control Chinese government, but does have influence over it.
If a Chinese mining company (not the government) goes into space and starts mining, the American government's course of action is likely limited to pleading with the Chinese government to restrict their mining companies from being able to do so, using the aforementioned diplomatic measures as bargaining chips in the negotiation.
If however, an American mining company wants to go mine an asteroid, the US government is assuming a total control / responsibility of their actions, even while those actions are not on US soil, or even on any terran soil whatsoever. Because the US government believes it controls all US companies to the extent that they do, they believe that they could forbid an American company from mining resources not in America, or in this case, not even on Earth.
This assertion is them saying that they either don't care if mining companies mine asteroids and other planets, or that they might actually acknowledge that they don't have the power to forbid it. I haven't been following it closely enough to say which kind of concession it is.
There is nothing in space which can't be had more cheaply on Earth. Except freedom.
Also no rocket regulations is eventually going to make Kessler Syndrome a reality.
My belief remains that if you set up mining on an asteroid, you've appropriated it "...by means of use or occupation...". And this the USA has agreed to not do, nor to let its nationals do.
(the clip art look like the old "Sky Hook" cardboard & balsa rocket)
Very much in line with the Guano Islands Act of 1865.
I'm not exactly keen on unfettered exploitation of these resources or the unforeseen consequences of unregulated extraction but I'm not sure how you can draw your conclusion?
Right. I get everything within 20 AU's, you can have the next 12 billion light years, and they get anything left over.
Only if the universe can be "inflated" as much as the US Dollar, I guess.