U.S.-Russian Satellite Collision Sends Debris Flying
nytimes.com
nytimes.com
There's a lot of junk floating around, that is tracked, that precludes the use of certain orbits. Some of those orbits are valuable and clearing them would provide an ideal location for new satellites.
In particular, there are a limited number of geosynchronous slots -- especially those that are located over large (wealthy) landmasses. These slots are incredibly valuable.
I believe that the "good behaviour" requires satellites which inhabit these slots to retain enough fuel towards the end of their lives to move out of the slot so it can be used for a successor. However, only about a third of them do so:
http://www.space.com/spacenews/archive03/cnesarch_120103.htm...
Removing the other 60-70% of them would open up valuable slots.
Really? That's a circle of about 43,000 km radius, so more than 170,000 km long. Even if you want certain points, it's not like it's packed over there. You can separate a satellite some km from the next and still have plenty of space for hundreds. If a satellite is at the same distance from Earth as others, they won't be moving relative to them.
This isn't a new idea, and the early satellites used a lot of gold in them. However, all those satellites have an owner, and those owners are not willing to let you take the satellites away for "recycling" without getting a profit-eliminating payment.
Before satellite removal could become a viable business, one would have to change the Outer Space Treaties in order to make it work. http://en.wikipedia.org/wiki/Outer_Space_Treaty