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Space law doesn’t protect historical sites, mining operations and bases on the Moon – a space lawyer describes a framework that couldAt the end of April, a dedicated Working Group of the United Nations Committee on the Peaceful Uses of Outer Space released a draft set of recommended principles for space resource activities.
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The Daily Galaxy on MSNIs the Moon the Next Billionaire’s Playground? A Trillion Dollars Worth of Platinum Is WaitingFor centuries, humans have gazed at the Moon, marveling at its silent beauty. Now, new research suggests thatlunar craters ...
But the outer space treaty is open to interpretation when it comes to mining. "The law says very clearly it's not allowed to appropriate the moon. Now, does that mean you're not allowed to extract ...
Space mining may also be used to prolong missions. As humans voyage further into outer space, it becomes increasingly important to be able to generate usable products with local materials.
But debate continues over whether the accord prohibits private industry from operating in outer space, particularly space mining. If Acme Moon Company flies to the Sea of Tranquility, collects a moon ...
The Outer Space Treaty doesn’t prohibit space mining—but it lays some ground rules: The “U.S. couldn’t go to the moon, put the U.S. flag on there and say, ‘It belongs to us,’ and start ...
If a space mining company wants to mine the moon it would ... does not inherently constitute national appropriation” in the Outer Space Treaty. Perhaps the easiest analogy is that fisherman ...
But even the above simplification is inaccurate in that bitcoin’s existence is not fully secure in cyberspace without mining. As Andreas Antonopoulos explains, Inspired by Elon Musk’s Space-X and ...
On top of that, Article XII of the Outer Space Treaty assumes that there will be installations, like bases or mining operations, on the Moon. Contrary to the free access principle, the treaty ...
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