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Law: Space Resources

Abstract

A privately financed and managed lunar resource and helium-3 fusion power initiative, as well as any government-sponsored effort, will require a permissive if not helpful financial, managerial, regulatory, political, and treaty environment. For like initiatives to ever occur, the broad spectrum of “space law” cannot preclude such endeavors and, indeed, should encourage the private investment of human and financial resources to advance civilization’s reach. A preliminary evaluation of financial and managerial approaches to a lunar resource and helium-3 fusion power initiative (Chapter 8) strongly suggests that a private approach to a Return to the Moon has significantly more chance of success than those approaches requiring major United States government or international involvement. On the other hand, the success of any approach, particularly an all-private approach, will require government’s assistance in the maintenance of or, if necessary, the creation of supportive regulatory, treaty, and political environments.

Keywords

Celestial Body Outer Space State Party Private Entity Common Heritage 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes and References

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© Praxis Publishing Ltd. 2006

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