• About
  • Farmers

vedika

~ your forum for critical and constructive writings

vedika

Category Archives: Science

US SENATE VOTES TO LEGALIZE SPACE MINING

12 Thursday Nov 2015

Posted by raomk in International, Science

≈ Leave a comment

Tags

ASTEROIDS, SPACE, SPACE MINING

ONE STEP CLOSER TO OWNING PIECES OF ASTEROIDS?

By Sarah Fecht

After much delay, an important space bill has finally passed in the Senate.

The Space Act of 2015 would do a lot of things to encourage the private space industry–including extending the “learning period” wherein fledgling spaceflight companies can operate without too much government oversight. It would also give companies the rights to the resources they might one day extract from asteroids, such as platinum and water (which, believe it or not, is a valuable resource in space).

The bill has just passed in the Senate with unanimous approval and a few amendments. Now it will be sent back to the House of Representatives, which is expected to approve the changes, and then on to President Obama.

Although the bill hasn’t officially been signed into law yet, Planetary Resources–one such company that hopes to extract resources from asteroids–issued an effusive letter thanking the Congressmen who supported the bill.

“Many years from now, we will view this pivotal moment in time as a major step toward humanity becoming a multi-planetary species,” said Planetary Resources Co-Chairman Eric Anderson in the press release. “This legislation establishes the same supportive framework that created the great economies of history, and it will foster the sustained development of space.”

Toward Mining Asteroids

At the moment it’s not clear whether space mining is legal. Although there’s nothing expressly forbidding asteroid mining by private companies, the Outer Space Treaty declares that no nation can own property in space. The wording of the treaty is vague enough that companies want to ensure they’ll own the resources they mine from asteroids before investing millions or billions of dollars trying to extract them.

The bill would make those property rights official, at least under U.S. law. Although companies can’t own the asteroids themselves, the current version reads:

“A United States citizen engaged in commercial recovery of an asteroid resource or a space resource under this chapter shall be entitled to any asteroid resource or space resource obtained, including to possess, own, transport, use, and sell the asteroid resource or space resource obtained in accordance with applicable law, including the international obligations of the United States.”

An earlier version passed in the House in May. Since then, the Senate amended it with a few interesting changes. For one, by adding the word “abiotic” to the definition of “space resources,” they specify that living things are not considered a resource.

The term ‘space resource’ means an abiotic resource in situ in outer space.

In other words, companies can’t own any potential aliens they might find out there.

In other words, companies can’t own any potential aliens they might find out there.

Secondly, the Senate made sure to cover its bases when it comes to the Outer Space Treaty, to hopefully avoid angering other countries.

It is the sense of Congress that by the enactment of this Act, the United States does not thereby assert sovereignty or sovereign or exclusive rights or jurisdiction over, or the ownership of, any celestial body.

However, this points to one of the problems with the bill, according to Michael Listner, lawyer and founder of the consulting firm Space Law and Policy Solutions. Because the U.S. can’t own property in space, it can’t really dole out rights to pieces of that property. “It would be like you asking me for a piece of pie, and me saying, go over to my neighbor’s house and take a piece of their pie, and then come back and thank me for it,” says Listner. He thinks there should have been more international discussions about space mining before a U.S. law was proposed.

Thirdly, the Senate also took out a lot of language that would protect space miners from “harmful interference,” or things that might disrupt a company’s normal operations, such as, potentially, the U.S. government, other nations, and other space mining companies.

The loss of the harmful interference clauses won’t be a big deal, according to Planetary Resources spokesperson Stacy Stearne, since the Outer Space Treaty provides some protection from harmful interference. “We are completely confident that the existing Outer Space Treaty language provides us with protection from harmful interference and, if that fails, we have the legal standing to seek relief.”

 

Share this:

  • Tweet
  • More
Like Loading...
Newer posts →

Recent Posts

  • చైనాతో చిప్‌ యుద్దం 2.0లో గెలుపెవరిది -భారత్‌ను పక్కన పెట్టిన అమెరికా !
  • చైనాపై జపాన్‌ తప్పుడు ఆరోపణలకు అమెరికా దన్ను !
  • నరేంద్రమోడీ అభివృద్ధి ఓ అంకెల గారడీ – జిడిపి సమాచార గ్రేడ్‌ తగ్గించిన ఐఎంఎఫ్‌ !
  • యుద్ధం వద్దని పోప్‌ హితవు : ఏ క్షణమైనా వెనెజులాపై దాడికి డోనాల్డ్‌ ట్రంప్‌ సన్నాహం !
  • అరుణాచల్‌ ప్రదేశ్‌ వివాదం ఎందుకు, 1962లో చైనాతో యుద్ధ కారణాలేమిటి !

Recent Comments

Venugopalrao Nagumothu's avatarVenugopalrao Nagumot… on విత్తనాల ముసాయిదా బిల్లు …
Raj's avatarRaj on న్యూయార్క్‌ మేయర్‌గా సోషలిస్టు…
Aravind's avatarAravind on సిజెఐ బిఆర్‌ గవాయిపై దాడి యత్న…
Arthur K's avatarArthur K on CPI(M) for proportional repres…
Pratapa Chandrasekhar's avatarPratapa Chandrasekha… on బొమ్మా బొరుసూ : ప్రపంచ జిడిపిల…

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015

Categories

  • Africa
  • AP
  • AP NEWS
  • Asia
  • BJP
  • BRS
  • CHINA
  • Communalism
  • Congress
  • COUNTRIES
  • CPI(M)
  • Current Affairs
  • Economics
  • Education
  • employees
  • Environment
  • Europe
  • Farmers
  • Filims
  • Germany
  • Greek
  • Gujarat
  • Health
  • History
  • imperialism
  • INDIA
  • International
  • INTERNATIONAL NEWS
  • Japan
  • Latin America
  • Left politics
  • Literature.
  • Loksabha Elections
  • NATIONAL NEWS
  • Opinion
  • Others
  • Pensioners
  • Political Parties
  • Politics
  • Prices
  • Readers News Service
  • RELIGION
  • Religious Intolarence
  • RUSSIA
  • Science
  • Social Inclusion
  • Sports
  • STATES NEWS
  • tdp
  • TDP
  • Telangana
  • Telugu
  • UK
  • Uncategorized
  • USA
  • WAR
  • Women
  • Women
  • Ycp

Meta

  • Create account
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Recent Posts

  • చైనాతో చిప్‌ యుద్దం 2.0లో గెలుపెవరిది -భారత్‌ను పక్కన పెట్టిన అమెరికా !
  • చైనాపై జపాన్‌ తప్పుడు ఆరోపణలకు అమెరికా దన్ను !
  • నరేంద్రమోడీ అభివృద్ధి ఓ అంకెల గారడీ – జిడిపి సమాచార గ్రేడ్‌ తగ్గించిన ఐఎంఎఫ్‌ !
  • యుద్ధం వద్దని పోప్‌ హితవు : ఏ క్షణమైనా వెనెజులాపై దాడికి డోనాల్డ్‌ ట్రంప్‌ సన్నాహం !
  • అరుణాచల్‌ ప్రదేశ్‌ వివాదం ఎందుకు, 1962లో చైనాతో యుద్ధ కారణాలేమిటి !

Recent Comments

Venugopalrao Nagumothu's avatarVenugopalrao Nagumot… on విత్తనాల ముసాయిదా బిల్లు …
Raj's avatarRaj on న్యూయార్క్‌ మేయర్‌గా సోషలిస్టు…
Aravind's avatarAravind on సిజెఐ బిఆర్‌ గవాయిపై దాడి యత్న…
Arthur K's avatarArthur K on CPI(M) for proportional repres…
Pratapa Chandrasekhar's avatarPratapa Chandrasekha… on బొమ్మా బొరుసూ : ప్రపంచ జిడిపిల…

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015

Categories

  • Africa
  • AP
  • AP NEWS
  • Asia
  • BJP
  • BRS
  • CHINA
  • Communalism
  • Congress
  • COUNTRIES
  • CPI(M)
  • Current Affairs
  • Economics
  • Education
  • employees
  • Environment
  • Europe
  • Farmers
  • Filims
  • Germany
  • Greek
  • Gujarat
  • Health
  • History
  • imperialism
  • INDIA
  • International
  • INTERNATIONAL NEWS
  • Japan
  • Latin America
  • Left politics
  • Literature.
  • Loksabha Elections
  • NATIONAL NEWS
  • Opinion
  • Others
  • Pensioners
  • Political Parties
  • Politics
  • Prices
  • Readers News Service
  • RELIGION
  • Religious Intolarence
  • RUSSIA
  • Science
  • Social Inclusion
  • Sports
  • STATES NEWS
  • tdp
  • TDP
  • Telangana
  • Telugu
  • UK
  • Uncategorized
  • USA
  • WAR
  • Women
  • Women
  • Ycp

Meta

  • Create account
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Social

  • View mannem.koteswararao’s profile on Facebook
  • View mannemkoteswara’s profile on Twitter

Recent Posts

  • చైనాతో చిప్‌ యుద్దం 2.0లో గెలుపెవరిది -భారత్‌ను పక్కన పెట్టిన అమెరికా !
  • చైనాపై జపాన్‌ తప్పుడు ఆరోపణలకు అమెరికా దన్ను !
  • నరేంద్రమోడీ అభివృద్ధి ఓ అంకెల గారడీ – జిడిపి సమాచార గ్రేడ్‌ తగ్గించిన ఐఎంఎఫ్‌ !
  • యుద్ధం వద్దని పోప్‌ హితవు : ఏ క్షణమైనా వెనెజులాపై దాడికి డోనాల్డ్‌ ట్రంప్‌ సన్నాహం !
  • అరుణాచల్‌ ప్రదేశ్‌ వివాదం ఎందుకు, 1962లో చైనాతో యుద్ధ కారణాలేమిటి !

Recent Comments

Venugopalrao Nagumothu's avatarVenugopalrao Nagumot… on విత్తనాల ముసాయిదా బిల్లు …
Raj's avatarRaj on న్యూయార్క్‌ మేయర్‌గా సోషలిస్టు…
Aravind's avatarAravind on సిజెఐ బిఆర్‌ గవాయిపై దాడి యత్న…
Arthur K's avatarArthur K on CPI(M) for proportional repres…
Pratapa Chandrasekhar's avatarPratapa Chandrasekha… on బొమ్మా బొరుసూ : ప్రపంచ జిడిపిల…

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015

Categories

  • Africa
  • AP
  • AP NEWS
  • Asia
  • BJP
  • BRS
  • CHINA
  • Communalism
  • Congress
  • COUNTRIES
  • CPI(M)
  • Current Affairs
  • Economics
  • Education
  • employees
  • Environment
  • Europe
  • Farmers
  • Filims
  • Germany
  • Greek
  • Gujarat
  • Health
  • History
  • imperialism
  • INDIA
  • International
  • INTERNATIONAL NEWS
  • Japan
  • Latin America
  • Left politics
  • Literature.
  • Loksabha Elections
  • NATIONAL NEWS
  • Opinion
  • Others
  • Pensioners
  • Political Parties
  • Politics
  • Prices
  • Readers News Service
  • RELIGION
  • Religious Intolarence
  • RUSSIA
  • Science
  • Social Inclusion
  • Sports
  • STATES NEWS
  • tdp
  • TDP
  • Telangana
  • Telugu
  • UK
  • Uncategorized
  • USA
  • WAR
  • Women
  • Women
  • Ycp

Meta

  • Create account
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Blog at WordPress.com.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • Subscribe Subscribed
    • vedika
    • Join 247 other subscribers
    • Already have a WordPress.com account? Log in now.
    • vedika
    • Subscribe Subscribed
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar
%d