Whether you want to invest in a property on the moon or not, it is important to know that you will need to go through the legal processes first. This is so that you know that you are in a safe place, and that the government will not be able to take your property away.
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Several international and domestic legal regimes are currently mulling over whether to accommodate a “lunar gold rush”. Private ventures may send mining machines to near-Earth asteroids, build factories on other worlds, send rovers to the moon, and conduct commercial space flights.
As of this writing, the United States has not ratified the Moon Agreement, a 1979 treaty establishing a legal framework for Build property on moon. Several other nations have enacted similar legislation. The United States has not yet passed a comprehensive regulatory regime.
Some of these regimes have enacted specific space debris mitigation measures. The United States’ NASA has proposed national protections for Apollo landing sites.
While some of these measures have been adopted, the legal implementation of space debris remediation is still in the works. These measures include the establishment of a voluntary, non-binding framework. However, the legal implementation of space debris remediation has been delayed because of complex legal issues posed by the SDR.
Costs of building a base on the moon
Getting a base on the Moon is a big step toward manned missions to Mars. There are many costs associated with building a base on the moon, but spaceflight experts argue that these costs are lower than expected.
A lunar base would need to be built in an area with local resources, such as water ice. Water is an essential resource for space travel, and there are craters near the poles of the Moon that contain water ice. Some of this ice could be used for mining, which could lower operating costs.
Another way to cut costs is by using new 3D printing technologies. A lunar outpost would need a VR environment to simulate lunar surface conditions. This would allow engineers to test the structures built by 3D printing. This would reduce replacement costs and repair costs. It would also provide scientists with scientific data to help solve structural problems.
Another method for cutting costs would be to use vertical farming techniques to grow food. Using water recycling systems could make the lunar base habitable.
Galactic government doesn’t own the land
Despite being the stooge of the Las Vegas based Lunar Embassy Corporation, Dennis Hope hasn’t been the most egregious of the group. He’s the head cheese and not the egregious duo that’s tasked with snagging the lion share of the profits from one of the biggest and most profitable moon based real estate companies in the history of the universe. This isn’t a bad thing. The Galactic government is in the business of building pyramid shaped moon cities with two mile by two mile bases. Aside from the usual suspects, it’s not uncommon to find a galactic celebrity or two kicking up their heels.
The question is, what should the Galactic government do to get their hands on the moon? I’m not sure that we’re ready for a full on moon colony, but it would be a welcome change of pace. The aforementioned government hasn’t exactly been known for their frugality in the past, but it’s a fair chance we’re on the verge of becoming a lunar colony after all.
US and China have competing visions of lunar colonisation
Despite their disparate visions, US and China have a common interest in establishing a presence on the Moon. This is reflected in the fact that both countries have begun construction of spacecraft to ferry passengers to the International Space Station (ISS).
China plans to launch a 250-kilogram rover to Mars in 2020, and a space station in low Earth orbit by 2027. Russia is also working with China on a space station.
In January, China landed its first probe on the far side of the Moon. This marks the first time that humankind has ever been on the Moon’s far side. The next step for China is to build a permanent base on the Moon. This would become the first step in launching missions to Mars and other destinations.
The Chinese have not publicly disclosed their space budget. But it is estimated that the country spends less than one-quarter of the US’s space budget. The unnamed prototype will be test-launched next year.