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View Diary: What NASA Could Be (320 comments)

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  •  You're right, & sadly that means corporate law. (2+ / 0-)
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    alizard, Vladislaw

    Governments won't really want to divide part for partition the Moon; and they certainly won't want to be involved in the regulation of laws to an extra-terrestrial body.

    That means corporations that will be ponying up the cash to fund mining efforts on Luna will have to bring along a cadre of lawyers to make certain their interests and investments are ensured.

    Corporations as non-terrestrial nation-states are a very real potential when it comes to space regulation. I don't relish that idea but see few options to the contrary. Your thoughts?

    "Hew out of the mountain of despair A Stone of Hope." -Rev. Martin Luther King, Jr.

    by Patch Adam on Sun Dec 14, 2008 at 01:23:27 PM PST

    [ Parent ]

    •  In my opinion (1+ / 0-)
      Recommended by:
      Patch Adam

      they will not pony up a dime UNTIL they have the mineral mining rights claim to a designated area so they can list that as an asset in the books.

      In order for that mineral rights claim to be worth anything it has to be recognized by that company's taxing agent. The US government. If the government acknowledges the claim they can take it to the bank.

      Actually, I believe that the "land rights" are being settled right now.

      Every country that drops a payload or piece of equipment on the moon that item is protected almost like a heritage site.

      That is why, in my opinion, you are seeing this rush to drop junk on the moon. The country can claim X amount of acres surrounding the probe that crashed into the moon. Giving a dozen countries "property rights" through the backdoor.

      •  profit (0+ / 0-)

        There needs to be $ made from people to be in orbit or the moon.  If mining is it, do it.  

        But there will need to be some government encouragement to make it profitable. the right encouragement.  

        I worked at a commercial space center for several years- good idea, but very slow moving.

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