Should we give up on the dream of space elevators?
bbc.com
bbc.com
That seems... incredibly cheap for a space elevator. Are they saying their design would cost $100bn total, or is that for the car only?
http://en.wikipedia.org/wiki/Betteridge%27s_law_of_headlines
Why give up on something because we can't do it right now.
Not really, most of the energy in a rocket launch is used to push the rocket fuel higher so it can be burnt to push the remaining rocket fuel higher.
If we could build a space elevator then the energy used to get a mass into space would be considerably lower since electric motors are much more efficient at lifting loads than rocket engines (and that assumes a mechanical method of lifting not some kind of mag lift system).