Stories
Slash Boxes
Comments

SoylentNews is people

posted by Fnord666 on Tuesday April 14 2020, @08:52AM   Printer-friendly
from the that's-just-loony dept.

Trump signs an executive order allowing mining the moon and asteroids:

In 2015, the Obama administration signed the U.S. Commercial Space Launch Competitiveness Act (CSLCA, or H.R. 2262) into law. This bill was intended to "facilitate a pro-growth environment for the developing commercial space industry" by making it legal for American companies and citizens to own and sell resources that they extract from asteroids and off-world locations (like the moon, Mars or beyond).

On April 6th, the Trump administration took things a step further by signing an executive order that formally recognizes the rights of private interests to claim resources in space. This order, titled "Encouraging International Support for the Recovery and Use of Space Resources," effectively ends the decades-long debate that began with the signing of the Outer Space Treaty in 1967.

This order builds on both the CSLCA and Space Directive-1 (SD-1), which the Trump administration signed into law on December 11th, 2017. It establishes that "Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space, consistent with applicable law," and that the United States does not view space as a "global commons."


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 0) by Anonymous Coward on Tuesday April 14 2020, @07:32PM

    by Anonymous Coward on Tuesday April 14 2020, @07:32PM (#982729)

    what a goofy bastard