Building the World

Moon: Property Rights


Lunar property rights? Image: wikimedia commons.

July 20, 1969: “A giant leap for mankind” as the first human set foot upon the moon in Nasa’s Apollo mission. Two years before, the Outer Space Treaty was signed with the provision that celestial bodies not be owned by any nation; at the time, only governments had enough resources for space exploration. Today, enterprises like SpaceX, Blue Origin, and Planetary Resources, Inc. are commercializing the heavens. The Google Lunar X Prize stimulated interest in space resources. European Space Agency and Luna-Resurs plan to drill the lunar south pole where “water and other volatiles” might be discovered. China and Japan are readying moon forays. Martin Elvis of the Harvard-Smithsonian Center for Astrophysics, Tony Milligan of King’s College London, and Alanna Krolikowski of Georg-August University Göttingen published, in Space Policy, a warning regarding the moon’s ‘Peaks of Eternal Light’ where a photovoltaic solar power installation could be positioned. In 2015, the Space Resource Exploration and Utilization Act clarified rights. Professor Matthew Weinzierl and Angela Acocella have written a Harvard Business School case, “Blue Origin, NASA, and New Space.” Could COMSAT provide a model for international cooperation? Before enterprises claim rights, how should the Outer Space Treaty be updated?

Building the World Blog by Kathleen Lusk Brooke and Zoe G Quinn is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License

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