Helping Buck Rogers Make Some Bucks In Space

What You Need To Know About The Space Law Congress Is Considering, The Federalist

"Want to make money in space? It appears that Congress wants to help. It also appears from what Congress has so far proposed that their help will have only a limited value. The heart of the problem is twofold. First, the regulatory framework that American companies must navigate to get projects off the ground is difficult and complex. They must deal with multiple government agencies whose conflicting needs cause delays and increased costs. Sometimes this bureaucracy kills projects entirely. Second, there is significant worry in the investment community about the uncertainty of property rights in space. Article II of the Outer Space Treaty forbids countries from claiming territory in space, which means it is difficult for capitalist countries like the United States to establish secure property rights for its citizens on any territory in space."

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This page contains a single entry by Keith Cowing published on July 12, 2017 1:15 PM.

Juno Barnstorms Jupiter (Update) was the previous entry in this blog.

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