Can anyone make money on the moon?
nytimes.com
nytimes.com
To justify a book about that Weir had to think of an economic reason why there would be a city on the moon, because cities need economic rationales. He theorized that the price of space travel had been driven down enough that it could support a tourist economy, so the economics of a Moon city could be modeled on Caribbean tourist cities. Conveniently, 85% of the moon rocks are anorthite- which smelts into aluminum, oxygen, and silicon among other things. All of which would be very helpful for building a moon city.
Weir didn't have much to say about international treaties mentioned in this NYT article. But a key connection between the article and how he ask and answers the question is that they both seem to regard a budding space tourism industry as a foundational next step.
edit: I read this last week and 30 minutes later signed up to audiable to get it as my free book (ebook reader broke, amazon delivery too slow). It's an enjoyable book, but i wouldn't go into it expecting another Martian - it's fluffier.
Apart from that, if I couldn't afford the $70k holiday cost, then I'd probably have to get a temp job working up there for a bit - though the economics of migrating between aren't discussed.
[1] http://uk.businessinsider.com/andy-weir-artemis-moon-city-ec...
I bet you won't be making $20/hour on the moon, if certain people have their way.
-edit- He even wrote a book titled “space colonies”. First I’ve heard of it.
Technology like SpaceX's BFR could potentially bring the g forces even lower. As its current design entails in orbit refueling, efficiency in launch is not all that important. The cost of fuel, relative to the costs involved in space flight, is negligible.
The assumption about these treaties, at least in the private space circles in which I used to find myself, was that they will be broken and re-written. (There is strategy in the timing of said breach, which is why everyone who matters is happy to leave it in place for now.)
We have everything we need for fusion here on Earth, except the know-how.
Ultimately the only thing that absolutely needs to come all the way up out of Earth's gravity is canned homo sapiens; automated production of everything else can be arranged remotely.
"Space tourism is not a market, merely a way to kill rich wastrels until parents, heirs and trustees organize to stop them." http://launchloop.com/UpwardBound Keith Lofstrom
There's real money and economy up there. Introduction: https://www.youtube.com/watch?v=bGcvv3683Os
Separately, if nobody knows how to say yes, can't Moon Express just launch first and ask permission later? Or launch from a different country? I doubt the USSR is going to rise from the dead to enforce the treaty…
With current technology, it costs — round ballpark figures — about $25,000 PER KILOGRAM to launch mass into geosynchronous orbit, the highest orbit for which there is any current commercial launch market. If SpaceX really gets going, which it might, that number will come down. But it won't come exponentially down. It might get cut in half. But it's still going to be really really expensive to get aything to the moon, including the infrastucture and propellant that you would need in order to get things back from the moon. Put another way, that's about $800 an ounce at current prices, and $400 an ounce in the optimistic ten year scenario. Bricks launched into space are literally as expensive as gold bars.
And that's just launch cost. It isn't the cost of building the thing you're launching. Of course, the non-recurring engineering, fabrication, and test costs vary dramatically depending on the complexity of the spacecraft being built, but again, in very general terms, a geosynchronous communications satellite, which is the single spacecraft type that most closely resembles a commodity, as they are built on an assembly line, with relatively little non-recurring engineering and standardized designs and parts, those cost about $300 million each.
For a grand total cost, of building and launching a plain vanilla geo commsat, of half a billion dollars. And then you have to operate the thing. Any spacecraft mission of significant complexity - the complexity associated with manned spaceflight or planetary mining - is going to require round the clock teams of hundreds of engineers. So you're talking billions more dollars per year to operate.
If you're thinking of launching a man-rated lunar spacecraft, which you'd need for lunar tourism, multiply that by about thirty and you'd be at the low end of a decent estimate. A lunar prospector capable of returning samples - just samples, not bulk materials - is going to be in the low billions, plus billions more to run. A full on linar mining infrastructure is, again, tens of billions. At least. Probably hundreds of billions.
There is just nothing on the moon that's worth that much. In particular, there's nothing there that wouldn't be orders of magnitude less expensive - and much less risky, which is important from an investor perspective - to simply mine or manufacture on earth. You can dig a lot of mines for ten billion dollars.
When SpaceX demonstrated the expenses which it took to develop and fly Falcon-1 with supporting infrastructure, they beat the existing cost models by about a factor of four. Similarly here reaching the Moon can turn out easier than thought, and reasons to go there could become better than used to believe, as soon as some favorable conditions, like in 2002 when SpaceX was born, will be met.
But the moon is just a big rock. As far as we know, there's nothing there with any intrinsic value - the only economic value of the moon is that it's out of earth's gravity well. So if you had a sufficiently robust asteroid mining operation, or something, then basing it or staging it on the moon might make some sense. But the moon would only have secondary value in that scenario, and you have to postulate some space resource with really high primary value in order to justify being on the moon.
Edit: Source: https://www.investopedia.com/ask/answers/061115/how-do-avera...
Whereas a space mining operation requires additional billion-dollar launches every time you need to resupply fuel or parts. Plus, as mentioned above - as far as we know, there isn't anything on the moon of significant primary value.
Your comment was opaque, but was the first thing I thought of too
What I think is this: so the UN (of Earth) acquiesce to your demand for a trillion dollars and mining rights to Ganymede. What next? It's not like you can go back to Earth and enjoy your new wealth.
* * * * *
If we were talking about nukes, things would of course get far more interesting.
Nukes aimed at Earth would only have to detonate somewhere in the atmosphere, if there were enough of them.
By contrast, nukes aimed at this lunar air bubble would have to hit the bubble precisely; lacking a direct hit or an ambient atmosphere, nukes only produce radiation, blinding light ... and seismic activity if they detonate somewhere on the Moon's surface. No aerial shockwave, no convection, much less fallout, no climate changes.
Also, since Earth has greater mass, Earthbound projectiles would need less energy to escape the Moon and deorbit to Earth's atmosphere, compared to the energy that Moonbound projectiles would need to escape Earth and deorbit onto the Moon's surface.
If there was, 50 years after we acquired the capability to get there it would probably be bristling with fortresses.
- Relatively close and accessible (as opposed to the other planets)
- Seemingly stable platform to build, other wise we continue to rocket everything up from earth.
- Raw Materials - stuff to build more space vehicles, structures, etc.
- Lack of air - May help foster newer/cheaper materials and other processing
- Low Gravity - Also may factor into developing new materials and bigger objects.
- Lack of thick atmosphere - for astronomy, earth visualization.
- for data centers - potentially better cooling, or energy (solar) less susceptible to intrusion, security, etc. Lack of air might be a plus too.
Iirc, Isaac Arthur (I know him as a sci-fi YouTuber) has done numerous videos on how we could become an interplanetary/interstellar species. One of those videos covered the use of the moon to those ends.
And similarly China's recent landing on the moon has reshaped our understanding of the moon as it turns out the geography of the area in which they landed was substantially different than that on which the US/USSR landed in the 60s/70s. [2] That discovery came in 2014!
The point I'm getting at here is that it's always wise to keep our ignorance in mind. Deep penetrating radar and other technologies can provide substantial information, but it's still limited. Our lack of knowledge is an ongoing and major constraint. And the interesting thing is that the more we learn, the more desirable the moon seems to become.
And of course it also goes the other way. The best people making the best decisions can come to decisions that later seem less than correct. The most recent example there being the discovery that the colored streaks on Mars being briney water -- it turns out it may indeed just be sand after all.
[1] - https://www.space.com/7328-official-water-moon.html
[2] - https://phys.org/news/2015-03-china-yutu-lunar-rover-moon.ht...
So even if you have to ship all of it there, it's only a one time cost.
Presumably if you are running some sort of hotel, you ship enough O2 and food to cover your guests travel and stay. Then only ship back what they need to stay alive on the ride home. Eventually you build up a large enough supply that you don't have to ship as much, reducing costs.
http://www.philipmetzger.com/blog/type-of-asteroid-to-mine-p...
Also, I imagine there will be a space elevator on the moon which reduces the gravity cost substantially. I believe it is possible to build one with today's technology (unlike on Earth).
About the space elevator, anything you can imagine on the Moon would be easier on an asteroid.
1) No guarantee people would be required on site. 2) If people are required on site you tightly control the carbon cycle, this is the same thing that occurs on earth, just that the earth is doing this on a scale many orders of magnitude larger.
- having a base to store things for later use.
- a space elevator on the moon should be simpler than one on earth.
- water could be extracted from the moon and shipped to earth orbit.
- more convenient extra vehicular activities.
1. Oxigen factories for Mars shuttles. Although Musk's vision for Mars makes sense as it is, it becomes much more economical if you add oxygen production on the Moon. You can manufacture the oxygen locally on Mars (via the Sebatier process), but you need some factories to do that. It's going to be much cheaper to build much larger factories on the Moon, and ship the oxygen on Low Mars Orbit. There are lots of numbers you can look at, but here's a quick comparison. The BFR second stage, planned to weigh 2100T, will be able to deliver about 170T of payload to the surface of Mars and about 980T to the surface of the Moon (almost 6 times as much). It's going to take much fewer trips to build a factory on the Moon, plus, if anything breaks, you can ship a replacement in days, rather than months or years.
2. Build solar panels on the Moon and ship them to Mars. In a few decades it will be cost competitive with building and shipping from Earth. Compared to building locally on Mars, it will probably always be cheaper.
3. Build nuclear rockets (not missiles) [1]. It's unlikely we will have the appetite to launch such rockets from the Earth in the next 50 years or so, due to the risk of breakup during launch. On the Moon however, everything above ground is continuously exposed to massive radiation (mainly from the Sun), so a nuclear fallout will not change things too much.
If we ever want to do true deep space exploration, we need to move beyond chemical rockets. The Moon can help us get there.
A better thing to do would be to mine for metals and make stuff with it (satellites / or outposts).
That being said, how much He-3 do we really need for fusion? I was under the impression fusion reactions lasted a very long time considering the energy output to mass used, so would mining the substance once or twice suffice for as many fusion reactors as we would need on Earth? Total energy usage across the globe was about 18.0 terawatts in 2013, and apparently the ITER fusion reactor would produce 500 Megawatts of power using a 1/2 gram of hydrogen per year [1], so if Helium 3 was more efficient, we would need hardly any to cover global power generation, and even plan for future power usage.
[1] https://www.extremetech.com/extreme/123837-500mw-from-half-a...
"ITER is hoping to produce 500 megawatts over 1,000 seconds from just 50 megawatts of input power and 0.5 grams of hydrogen fuel."
(My emphasis.) The half-gram of fuel is to run for minutes, not months.
With optimistic assumptions, complete fusion of one gram of He-3 (with deuterium) can produce
1/3 * 6.02 * 10^23 * 18.354 * 4.4505 * 10^-20 = 163913 kWh
of primary (thermal) energy. If world primary energy demand is 18 terawatts, that's
18 * 10^9 * 24 * 365 = 157680000000000 kWh annually.
157680000000000 / 163913 = 961973729 grams (962 metric tons) of He-3 per year to cover all primary energy demand.
1) He3 fusion requres much higher temperatures than other kinds of fusion, so it's even farther away from our grasp than ordinary fusion. This makes the "low-radiation" aspects of He3 irrelevant.
2) There isn't that short supply of He3 on earth, in particular there is quite a bit in natural gas, something like 30 kg produced annually just in the US at current rates.
3) You need a huge installation on the moon processing millions of tons of regolith. Basically large scale strip mining on the moon. Big, energy demanding mechanical equipment that requires frequent maintenance and spare parts and human intervention (just ask any regular miner) while being subjected to extreme temperature swings doesn't sound like something I'd want to put in space. And we haven't even mentioned the environmentalists and the relevant space treaties yet.
I can see someone caring about scarring the landscape, but that's a bit orthogonal to environmentalism.
tl:dr There's absolutely no indication this is practical. We don't know how to fuse He3, it's probably impractical to mine it, and "He3 mining on the moon" is more of scifi wishful thinking mentioned offhand in exactly the manner you just did, than a serious engineering proposal.
There is potential, but this is for very far in the future.
Getting an energy-positive fusion reaction going in ITER is still at minimum 20 years away - and it uses the simpler to fuse Deuterium+Tritium fuel. Getting commercial fusion power plants, and ones that fuse Helium-3 instead, might easily be 50-100 years away.
With the price of wind and solar energy dropping fast, people and politicians are getting less and less interested in funding fusion research at all.
My prediction is that nobody will be willing to pay for Helium-3 mining on the Moon in this century.
The latest He-3 prices I can find are around $2000/liter (~$15,000 per gram). At 18.354 MeV per D-He3 fusion and 40% thermal-to-electrical efficiency (generously), one gram of He-3 yields
1/3 * 6.02 * 10^23 * 18.354 * 0.4 * 4.4505 * 10^-20 = 65565
kilowatt hours of electricity. To produce 1 kilowatt hour of electricity, the helium 3 cost alone would be 23 cents. For comparison, the average retail price, delivered for electricity in the US is below 11 cents per kWh. Even if you had a working fusion reactor all ready to turn He-3 to electricity, He-3 would need to be an order of magnitude cheaper to have a prayer of He-3 fusion competing economically against other electricity sources. And if He-3 is an order of magnitude cheaper that makes it correspondingly harder to turn a profit mining the Moon for it.
Helium 3 lunar mining is not an investment opportunity. It's the end product of motivated reasoning, where the motivation is "I want humans to be doing more things in space."
Ycombinator-funded fusion startup Helion is working on a hybrid D-D/D-He3 reactor, and says the combined reaction would release only 6% of its energy as neutron radiation (compared to 80% with D-T).
Right now, you're looking at about $340M (at $2200/kg) on two falcon heavies to boost that.
If we handwave R&D and engineering costs, you're still looking at around $170M per person on the moon.
Of the not-so-many people who can afford that, how many people do you think will actually do so?
[0] https://en.wikipedia.org/wiki/The_World%27s_Billionaires
As a species, we should agree to these terms, because expansion of our species is more important than anything.
(Just thinking out loud here)
Your argument works better to support the statement, "That depends on how cheap space manufacturing is in the future." We can fairly easily procure massive amounts of aluminum and silicon on the Moon. If we can invent industrial processes and perfect tele-operation, then we could create massive solar farms on the Moon. However, it might be even better to launch the material from the lunar surface with electromagnetic drivers and construct the solar farms in orbits, where they would receive sunlight 100% of the time.
Japan's space agency has already conducted tele-operation tests in conditions of massive lag. It turns out that highly motivated people can tele-operate manipulators even with 1 second of lag. This puts the Moon within reach of such tele-operation.
Sure, solar panels operate at a significantly higher efficiency on the moon due to no atmosphere to diffuse the sun's energy... but then you have to pay the atmosphere cost to get it to Earth.
Your suggestion presupposes that we can transfer energy through the atmosphere more efficiently than the energy of the sun is transferred through it.
We certainly could do so if we had a space elevator (but at that point just put the solar panels in geostationary orbit with the elevator, not on the moon).
Or maybe we could eliminate enough matter from the moon to make tides less strong and compensate the effect of the climatic change.
This lead to an interesting question. If we keep adding or removing enough stuff for enough time, at some point we could trigger artificially an effect on tides. We should have a wide safety limit (taking in mind than the moon mass is much bigger than lunokjod2 mass for example, and also any asteroid is also much more massive than human stuff left in the moon), but there is a limit in theory. This could change at long term if we colonise seriously the moon. I wonder if somebody has calculated this coeficient yet. If not, you can call it the "loony valdes" limit, XD XD ;-).
About if anyone can make money on the moon, I bet that just recovering lunokjod-2 and bringing it to the earth (or fixing it, if still functional) should provide some money for the rescuers. Is the biggest known concentration of rich metals in a small spot of the moon surface and also the easiest to find and mine. This stuff must be expensive.
Unconfirmed dollops of precious metals (no mention of how to extract this) and fuel for a type of reactor that does not exist. All this at the most inaccessible place humans have ever been! Sounds lucrative.
> "Any headline that ends in a question mark can be answered by the word no."