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Water found on the moon may spur more space exploration, lunar settlement and lunar mining  (Source: jyi.org)
Space entrepreneurs look to extract resources from the moon, but others are arguing that international laws need to be made first

Lunar geologists and space entrepreneurs are becoming increasingly intrigued by the concept of lunar mining now that researchers have discovered an abundance of water on the moon. But others are suggesting that many obstacles need to be overcome before such a project can be executed. 

The discovery of lunar water has raised questions as to whether other resources such as helium 2 and rare Earth elements could be found on the moon as well. Now, certain countries are looking to race to the moon.

Paul Spudis, Ph.D., a lunar geologist and Senior Staff Scientist at the Lunar and Planetary Institute in Houston, Texas, has expressed interest in lunar mining and has even devised a plan for returning to the moon despite the fact that the Obama administration has no plans to return to the moon at all due to its cancellation of the Constellation program. Spudis' plan involves "robotic resource extraction and the deployment of space-based fuel depots" using water from the moon before any humans return to its surface.

On the other hand, Mike Wall, editor of SPACE.com, believes lunar mining should not be attempted before ironing out a few technical and legal issues. For instance, an international agreement consisting of property rights, a salvage law and a mining law would be needed in order to decide who owns the resources once they are extracted. The Outer Space Treaty does not allow nation states to claim territories on the moon, but it does not mention anything regarding resource mining, and laws need to be set before any mining on the moon begins. 

To set these laws, several proposals have been submitted with viable ideas to set lunar mining in motion. One proposal, which was published in the SMU Journal of Air Law and Commerce, recommended that "space faring countries" should claim and defend a large portion of land around an established lunar settlement and sell the land to investors on Earth, which could fund the commercial venture. 

A second proposal suggested an international agreement to sell lunar land to investors in an effort to fund space exploration programs.  

China, Russia and India have expressed interest in resource development on the moon. 



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First come, first serve? Ok, but...
By Deathtwinkie on 1/18/2011 4:51:11 PM , Rating: 0
Don't worry about responding to this. I'm not going to read responses and I don't really care what your opinion is on this. I just give facts, you choose to believe them or you don't. But, if first come first serve is the standing rule then the moon's minerals belong to the aliens that are already there.

The backside of the moon and underground houses many a alien probably for longer than we've been here on The Earth. Although, in that respect, technically The Earth belongs to them as well. They're here, and have been before us as well. Anyway, there's been astronaut testimony, videos, pictures, etc. showing structures, airbrushed corrections on photos hiding structures, and astronauts testimony that we were being watched by strange lights, silouettes, and or distance vehicles while on the moon. We are not alone and the moon belongs to someone else already. Astronaut testimony already revealed that we were actually asked to leave the moon and not come back.

We aren't going back to the moon to stay unless they let us.

And don't give me this "plenty of pictures of the backside of the moon showing nothing".....because naturally if they found something, they aren't going to simply show that to the public so give me a break. There's been TONS of testimony of nasa officials having to airbrush things out of photos, to personal testimony, shuttle videos of what NASA calls "our little friends" shown moving around in all directions out in space.

But, this post was almost pointless. You only believe what you're comfortable with, or what CNN tells you, then you go back to your 9-5 starbucks, iphone, and adult entertainment bubble you call 'your life'. Almost pointless to say all this because everyone lives in a bubble and opens their mind up to nothing. Don't believe me? Watch the responses I get to this.




By lifewatcher on 1/18/2011 5:33:34 PM , Rating: 3
One doesn't need to read responses to what you wrote. You proved your point ("You only believe what you're comfortable with") with the very opening of your, er...controversial post :)


By mkrech on 1/18/2011 6:01:52 PM , Rating: 3
quote:
starbucks, iphone, and adult entertainment


The doctors don't let you have those in the institution?

Oh well, be glad they let you use the computer once a day.


By inaphasia on 1/19/2011 6:01:10 AM , Rating: 3
I think what you really meant to say is:

"Don't worry about responding to this. I'm not going to read responses 'cause as soon as I press Enter the MiB will be over to Flashy Thingy me."


By gregpet on 1/19/2011 1:42:13 PM , Rating: 3
What a crap job. You travel thousands of light years for your first posting at the alien version of the Peace Corp and you get stuck on the dark side of a moon!


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