Or rather, the economics of how it must be:
It is a dystopian vision, but not an inconceivable one. China is weighing up the business case for mining the moon, while the US firm Moon Express is already developing technology to do it. Then there are the companies planning to mine asteroids. Such ventures received a shot in the arm last November when President Obama signed the Commercial Space Launch Competitiveness Act, aka the Space Act, which grants US citizens and companies ownership of anything they can extract from celestial bodies. It fired the starting pistol for a dash to carve up the riches buried in space.
The risks and potential rewards are astronomical, and the whole enterprise is blasting off into a legal void. That could spell trouble on a cosmic scale. “We need rules, preferably at international level,” says Tanja Masson-Zwaan, president of the International Institute of Air and Space Law at Leiden University in the Netherlands. But what should those rules be?
But I’m not prepared to subscribe to find out how wrong…..