DailyDirt: Unobtainium Will Save Us!
from the urls-we-dig-up dept
Some folks are worried about Peak Oil. Others are worried about "Peak Helium" when most of the Earth's resources of the lightweight element have vanished into space. There are also all kinds of metals that are getting harder and harder to find. Where will we be able to replenish precious, finite materials? Duh, just go get some from other celestial bodies. You only need to be a billionaire with a few other billionaire friends to start this project. Estimated time for completion: 10 years in the future.- Planetary Resources has been getting some buzz for its plans to mine nearby asteroids for precious metals and water. If gold was as abundant as aluminum, what would we do with it? [url]
- Is it time to start studying up on space law now? Ownership of asteroids and the legalities of mining them could be a lucrative field someday! [url]
- NASA and Astrobotic Technology are going to look for ice deposits and possible sources of useful materials on the moon. Silly, NASA, everyone knows the moon is made of cheese... [url]
- To discover more links on space exploration, check out what's floating around in StumbleUpon universe. [url]
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Filed Under: asteroids, gold, mining, moon, platinum, precious metals, space exploration, space law, water
Companies: astrobotic technology, nasa, planetary resources
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Plentiful gold
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I for one would like to welcome our new/old Google overlords.
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I applaud these men and the efforts they are going to.
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Why Are Power Lines Not Made Of Silver?
For example, silver is a better electrical conductor than copper. So why are power lines made out of copper, not silver? Because we never had enough silver to make it economically viable. Imagine if, in times past, silver had been as plentiful as copper, so we used silver in power lines everywhere, people might have been worried what would happen once the silver ran out, the inferior copper would never work as well.
The point is, we adapt to what’s available. If something gets scarce, its price goes up, and other alternatives become more economically attractive. The world will not suddenly run out of oil one day; its price will have pushed us onto alternatives long before then.
The only constant in all this is that our most valuable resource is people. The more brains we have on this Earth, the more clever ideas they come up with.
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Re: Why Are Power Lines Not Made Of Silver?
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Space Law...not likely
I suspect mining asteroids in space is going to be more like Eve Online than United Nations and International Law. If you aren't willing to live on/around and defend your rock, you'll have no way to claim in as yours. It is doubtful there will be any space police to help you out, and except for those who can afford to protect themselves from pirates, there will be plenty of folks out there living off of other's hard work.
Not that I think it is a bad thing...I want us off this rock because either mother nature or ourselves are going to kill us off. For a while, mining in space will be as safe as living in an environment with a lot of radiation and no air outside of a thing shell, but eventually lots of people will be out there... Lawyers will be more for target practice than anything else.
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The article itself was very humurous, and all comments up til yours were either amusing or informational.
Anon Cow Casts "Mirror"
It's super effective!
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Re: I for one would like to welcome our new/old Google overlords.
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There was an original Twilight Zone episode called The Rip Van Winkle Caper. A group of thieves steal a load of gold and then plan to sleep in suspended animation for 100 years. When they wake up, there's a problem with the truck and since they're in a remote location, they're stranded. They start walking, trying to carry the gold bars between them. Eventually, they start killing each other out of greed. The last guy is dying by the side of the road when a futuristic car (the transport from Forbidden Planet) pulls up and a guy gets out. The crook offers him the last gold bar for some water, but dies before the guy can help him. The guy takes the bar back to the car where his wife is waiting. He says that the guy tried to give it to him as if it was worth something. His wife asks if it has any value and the guy replies that it used to, before they figured out to manufacture it. He then tosses the gold and gets back in the car. :)
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Because they are idiots. I'll illustrate it with one quote:
"extracting water and refining it for spaceship fuel"
Water =/= fuel. That's like saying an empty tank of gasoline is "fuel". Turning water into hydrogen and oxygen _requires_ energy; more than you get back when you combine it. It is almost as bad as Stephen Hawking suggesting colonizing other planets is humanities only hope, because its going to get so "hot" here.
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Re: Why Are Power Lines Not Made Of Silver?
No, the point is we can either plan for a smooth transition to alternate technologies, or have a very rough "adaptation period" where lots of people die.
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The gold thing
I have no idea, but my hunch is, a lot. Even after they've been doing it for 20 years.
Somehow I'm not too worried about it blowing the bottom off the gold market. Of course I don't own any gold, but even if I did I wouldn't be too worried about it.
Then again, maybe they'll bring it back 1000 tons at a time. And I'd be able to get that solid gold toilet.
Either way, the future looks cool.
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Re: Re:
It's still a valid point, but not in the time frames most people are thinking.
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