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Category: governance – Page 18

“UNISPACE+50 will celebrate the fiftieth anniversary of the first United Nations Conference on the Exploration and Peaceful Uses of Outer Space. It will also be an opportunity for the international community to gather and consider the future course of global space cooperation for the benefit of humankind.

From 20 to 21 June 2018 the international community will gather in Vienna for UNISPACE+50, a special segment of the 61 st session of the Committee on the Peaceful Uses of Outer Space (COPUOS).”

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(Natural News) Space has become a veritable goldmine of natural resources for many companies, yet can anyone lay claim to them? That’s the question legal experts claim will become relevant in the future as firm turn to the stars for precious metals and minerals, and it’s one that also needs to be answered as soon as possible to avoid hostility between competing firms and countries.

Barry Kellman, law professor of space governance at DePaul University in Chicago, explained: “There is a huge debate on whether companies can simply travel to space and extract its resources. There is no way to answer the question until someone does it.”

According to one international treaty, this need not even be an issue. The Outer Space Treaty of 1967, formally known as the Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, Including the Moon and Other Celestial Bodies, has served as the main standard for sharing space. As per the 1967 treaty, no single country can claim “national appropriation” of celestial bodies “by occupation or by other means”. (Related: MINING just one large asteroid could COLLAPSE the world economy due to surge of new supply for valuable metals.)

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In the hopes of rising above the laws and regulations of terrestrial nations, a group of Silicon Valley millionaires has bold plans to build a floating city in Tahiti, French Polynesia. It sounds like the start of a sci-fi dystopia (in fact, this is the basic premise behind the video game Bioshock), but the brains behind the project say their techno-libertarian community could become a paradise for technological entrepreneurship and scientific innovation.

The Seasteading Institute was set up in 2008 by billionaire PayPal founder Peter Thiel and software engineer, poker player, and political economic theorist Patri Friedman. Both ardent libertarians, their wide-eyed mission is to “establish permanent, autonomous ocean communities to enable experimentation and innovation with diverse social, political, and legal systems.”

“Seasteading will create unique opportunities for aquaculture, vertical farming, and scientific and engineering research into ecology, wave energy, medicine, nanotechnology, computer science, marine structures, biofuels, etc,” their website reads.

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