NASA has done a study on large constellations of satellites and the risk they pose of creating Orbital Debris. The Study is in the latest NASA Quarterly Orbital Debris News:https://www.orbitaldebris.jsc.nasa.gov/quarterly-news/pdfs/odqnv22i3.pdf
I would say to clean up LEO of junk would make a new industry for recycling precious metals. It also would maybe, just maybe help with resources of metal that can be recycled for use- just like we do on Earth.
Similarly, is it possible to add debris mitigation to the design in such a manner that the total particle flux emitted from impacts is less harmful than before the impact?(For a range of particle sizes, hitting a plastic film will totally vaporise them, converting them from dangerous to harmless).
None of this discussion matters. Cost drives what we do, and we are still in the "lets just get it up there so it can do it's mission, and we will worry about the debris latter." mode.
My view is the following: The easiest and first thing that has to be done is stopping the increase of non-functional space objects. (in LEO)This has two implications: 1) (LEO/SSO) Satelites have to be deorbited while still fuctional at the end of their missions.2) Upperstages have to be actively be deorbited. (I think this applies to all orbits LEO, MEO, GEO, GTO & HEO.)I think the below the ISS; auto decay orbits can be excluded from this because all satellites there will decay within a couple of years.Secondly all satellites and objects have to be track-able. AFAIK this means that 1P pocketcubes aren't allowed to be launched. The smallest sat.size will be the 2P pocketcube; 1/4U cubesat.The third thing that has to happen is preventing collisions. Full non-functional satellites are much better than a cloud of satellite parts. I think ESA is giving a good example by trying to deorbit the non-functional Envisat (8mT in SSO). Possibly another target for ESA would be the active removal of GEOS-1 (GTO orbit).I think ESA/ Europe has a easy job, because they haven't launched that many satellites. Nasa/USA and Russia have a far more difficult job, because they launched a lot more.I think the SpaceLaw part of the talk was very interesting. A state is always responsible for what happens with the launchers (stages) and satellites they have launched or allowed to launch. Are we going to a period where compensation has to be payed for each and every DAM (Debris Avoidance Maneuver) that has to be executed? Most probably not, but it does help so stimulate active object removal.Removing the small trackable objects will be fare more difficult than removing complete satellites. There are a lot of risks involved with removal attempts. In the end a good intended removal attempt might worsen the situation. I agree getting the orbital debris situation under control might be one of the most difficult space accomplishments.
The SPACE WASTE LAB PERFORMANCE visualises the space waste above your head real-time. SPACE WASTE LAB is the living lab which is supported by space experts such as ESA (European Space Agency), students, visitors, and the team of Studio Roosegaarde.
The Canadian company NorthStar Earth and Space has contracted Thales Alenia Space to build the first three satellites of its Skylark space traffic monitoring system, with LeoStella, a Seattle-based firm, overseeing the final assembly. This will make NorthStar the first commercial company to monitor space traffic from space.