{snip}Bigelow really wants to be able to engage in land speculation without actually having a presence there. Unfortunately, in our society, ownership of land requires (implicitly) the ability to control the land, which implies presence, or the ability to extend a virtual presence.
Great articles. The property rights issue deserves a thread of its own.
Quote from: R7 on 02/14/2014 06:11 pm Has there been any hard numbers how much "property" Bigelow would want around it's lunar Habitat?Great work, yg1968. I'm glad we're far enough along to be asking this question, here. IIRC a recent TheSpaceShow (Tumlinson?) had a long segment on property rights, including something about how sea floor mining faced a similar fork in the road, and the 'wrong' fork was chosen.
Has there been any hard numbers how much "property" Bigelow would want around it's lunar Habitat?
{snip}However, you are allowed to extract ressources from the deep seabed provided you pay a royalty to a supra-national body.{snip}
Quote from: TrevorMonty on 02/15/2014 02:31 amGreat articles. The property rights issue deserves a thread of its own. Agreed- where's the appropriate forum? I'd like to bring up Hernando de Soto's work on property rights enabling the generation of wealth.
Quote from: yg1968 on 02/15/2014 11:40 am{snip}However, you are allowed to extract ressources from the deep seabed provided you pay a royalty to a supra-national body.{snip}That is not an act of conscience but an act of avarice. An undisguised method of exploiting the workers. The excuse is paper thin. The politicians want the money without doing any of the work.
Quote from: A_M_Swallow on 02/15/2014 01:47 pmQuote from: yg1968 on 02/15/2014 11:40 am{snip}However, you are allowed to extract ressources from the deep seabed provided you pay a royalty to a supra-national body.{snip}That is not an act of conscience but an act of avarice. An undisguised method of exploiting the workers. The excuse is paper thin. The politicians want the money without doing any of the work.What? Natural resources belong the everyone. In the nation state they belong to the nation and in international waters respectively outer space to mankind. So while private companies should obviously be paid for the mining the resources and the proceeds from selling them belong to the people, i.e. the state.
The way it could work on the Moon is private companies would pay for mining rights to the UN. The funds from the sale of mining rights would go into the UN budget and proportionally reduce the dues nations pay to fund the UN.
Quote from: RonM on 02/15/2014 07:43 pmThe way it could work on the Moon is private companies would pay for mining rights to the UN. The funds from the sale of mining rights would go into the UN budget and proportionally reduce the dues nations pay to fund the UN.The UN doesn't own the Moon either so why would mining company have to pay it one dime for any mining rights. Hard to see especially republican politicians supporting this sort of global socialism.IMO the resource utilization should be based on the principle of finders keepers instead of yet another semiveiled form of paying development aid (after UN bureucrats skim most of it).
In his testimony, Mr. Rumsfeld argued against ratification, calling the royalties that U.S. companies would have to pay under the pact “a new idea of enormous consequence.” Under the treaty, industrialized countries pay royalties to less-developed nations for profits made while exploiting unclaimed energy resources, he said, adding that this type of wealth redistribution is a “novel principle that has, in my view, no clear limits” that “could become a precedent for the resources of outer space.”
Quote from: R7 on 02/15/2014 08:19 pmQuote from: RonM on 02/15/2014 07:43 pmThe way it could work on the Moon is private companies would pay for mining rights to the UN. The funds from the sale of mining rights would go into the UN budget and proportionally reduce the dues nations pay to fund the UN.The UN doesn't own the Moon either so why would mining company have to pay it one dime for any mining rights. Hard to see especially republican politicians supporting this sort of global socialism.IMO the resource utilization should be based on the principle of finders keepers instead of yet another semiveiled form of paying development aid (after UN bureucrats skim most of it).Well, if the UN doesn't have the rights, then who does? The answer is nobody.Without a legal structure to resolve issues, no private company would go into Lunar mining. Another company can jump your claim, stealing your mining facility (physically or by hacking if it is a robotic mine), and you would have no legal recourse because it is not under any jurisdiction. So unless you are ready for mercenary operations, there is nothing you can do.Under those conditions, the only mining going on would be by an international government project similar to the ISS. Talk about socialism.The other alternative is for nations to make claims and back them by force. The possibility of overlapping claims leading to the bombing of your mine is not good for business.
Without a legal structure to resolve issues, no private company would go into Lunar mining. Another company can jump your claim, stealing your mining facility (physically or by hacking if it is a robotic mine), and you would have no legal recourse because it is not under any jurisdiction. So unless you are ready for mercenary operations, there is nothing you can do.