Thursday, August 22nd, 2019

Senate Quietly Passes Bipartisan Bill to Allow Conquest of Space

Published on November 14, 2015 by   ·   1 Comment

COMMONDREAMS

 In a bipartisan bid to encourage commercial exploitation of outer space, the U.S. Senate this week unanimously passedthe Space Act of 2015, which grants U.S. citizens or corporations the right to legally claim non-living natural resources—including water and minerals—mined in the final frontier.

The legislation—described by IGN‘s Jenna Pitcher as “a celestial ‘Finders Keepers’ law”—could be a direct affront to an international treaty that bars nations from owning property in space. The bill will now be sent back to the House of Representatives, which is expected to approve the changes, and then on to President Barack Obama for his anticipated signature.

Pitcher continued:

The new Space Act allows ventures to keep and sell any natural resources mined on planets, asteroids and other celestial bodies. Commercial operations could reap trillions of dollars from mining precious metals like platinum, common metallic elements such as iron, and water, the “oil of space.”

The vote was celebrated by the Google-backed “asteroid mining company” Planetary Resources, which lobbied hard for the legislation and says “the market in space is ripe to bloom.”

Planetary Resources president and chief engineer Chris Lewicki added:“Throughout history, governments have spurred growth in new frontiers by instituting sensible legislation. Long ago, The Homestead Act of 1862 advocated for the search for gold and timber, and today, H.R. 2262 fuels a new economy that will open many avenues for the continual growth and prosperity of humanity.”

“This off-planet economy,” he said, “will forever change our lives for the better here on Earth.”

But there could be a snag. Along with Britain, France, and Russia, the U.S. is a signatory to the 1967 Outer Space Treaty, which reads in part: “Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.”

Read More HERE

Share the Truth:
  • Digg
  • Facebook
  • Twitter
  • Google Bookmarks
  • Global Grind
  • MySpace
  • Ping.fm
  • Tumblr
  • email

Readers Comments (1)

  1. Mike Hill Mike Hill says:

    Who gave them the authority to make any decisions about other worlds?




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Daily News and Blogs

Listen to the TIS Network on blogtalkradio.com

Check Out Pop Culture Podcasts at Blog Talk Radio with TIS Network on BlogTalkRadio

Like us on Facebook

Advertise Here

Advertise Here