We’ve done a really terrible job of selling the American public on the commercial opportunities of space flight. The shuttle is not a great program in terms of advancing space exploration, though certainly putting someone in space on a regular basis is much better than putting no one in space. NASA and the executive leadership need to acknowledge that private investment is going to be the driving force behind the development of the infrastructure for the purpose of exploiting space resources—i.e., for the purpose of making money. Scientific advancements can piggyback on the commercial infrastructure that capital will pay to create.
Two major sources of lunar wealth are light helium (He-3) and platinum. Given that tokamak fusion seems to be stuck near the break-even point, it’s hard to say when hot fusion will become profitable. However, having a reliable non-polluting fuel source like light helium available will definitely be an incentive to invest in getting the technology to the point at which commercial investors will be willing to take over. Lunar platinum can be the engine that drives the development of an infrastructure for mining on the Moon and returning product to Earth. The continuing need for platinum in fuel cells, combined with the growing affluence of Asian nations, the love for and need for automobiles in modern economies and lifestyles, and the energy picture of the future all point to a need for more platinum than is known to exist in the Earth’s crust. Astonishing as it may seem, it may very well be possible to mine platinum on Luna and return it to Earth profitably in the near future (Wingo, 2004). Of course, if fuel cells get sidelined by battery technology for automobiles, or if a cheap alternative to platinum in fuel cells is discovered, the financial logic for developing the lunar mining infrastructure disappears. Until something changes, though, the future demand for platinum appears to exceed Earth’s known supply by a considerable margin.
Although Luna has not been surveyed for platinum, there is good reason to suppose it exists there in some abundance. While Luna is deficient in heavy metals [relative to Earth] due to the circumstances of its creation (The StarChild Team, 2001), platinum in the crust of Earth and Luna comes from meteorites. All recoverable platinum on Earth is associated with impact craters. A bit of math suffices to give some idea of how much platinum we might expect to find on the surface of the Moon (Wingo, 2001).
Of course, the legal infrastructure for extracting resources from Luna is insufficient. A number of ideas to establish a proper legal framework have been proposed by better minds than mine. I’ve synthesized my favorites into a legal framework that (hopefully) allows for profitable exploitation of lunar resources and the sharing of the benefits of these resources with the owners of space resources: humankind as a whole. Luna needs to have a colonial government established, complete with a charter, governor-general, and so forth. The lunar colonial government, answering to the UN, then issues permits for resource extraction. The colonial government assesses fees and taxes for use of the lunar surface. The fees are used to create additional infrastructure to support ongoing and expanding operations. The taxes then go into a UN fund for distribution among the nation-states of Earth, with some taxes being retained to cover the costs of operating the lunar colonial government on Earth and, ultimately, on Luna herself. Distribution should be bicameral, so to speak. Every nation in the UN receives a uniform disbursement for being a sovereign state in the United Nations. Another portion of the taxes are divided into mills or millionths and awarded based on population. Thus small nations get a guaranteed minimum part of the proceeds, while very populous nations receive proceeds that reflect the greater share of ownership of the common resources of mankind. The corporations that fund such an operation receive no benefit whatsoever from relocating their headquarters to the Cayman Islands because taxes are paid to the lunar colonial government (the UN) regardless of which nation hosts the corporate headquarters or any portion of its administration. As an additional bonus, nations that are found to be out of compliance with human rights, democratic institutions and whatnot can have their part of the proceeds held until appropriate changes are made. Obviously, some sort of procedural safeguards will have to be put into place to minimize abuse.
Once a thriving lunar platinum business has been established, whole new vistas open up. Light helium extraction can exploit the existing infrastructure as soon as tokamak fusion appears profitable. With a permanent base on the Moon sustained by fees and taxes from resource extraction, the scientific community can conduct lunar research at a whole new level by leasing space at private or colonial government facilities (to the degree that these facilities are separate) on an as-needed basis. It’s all very exciting. Right now, though, we’re moving in the wrong direction. We’re treating the Moon as a sort of vacuum-packaged Antarctica suitable only for scientific uses paid for by government agencies. As long as we continue to go down this path, the Moon’s resources and its potential for generating fabulous wealth will go unrealized.
The StarChild Team. (2001). StarChild question of the month for
October, 2001. Retrieved from:
http://starchild.gsfc.nasa.gov/docs/...uestion38.html.
Wingo, Dennis. (2004). Moonrush: Improving life on Earth with the Moon’s
resources. USA: Collector’s Guide Publishing, Inc.