Episode description

Governing moon miners, asteroid hunters and space junk sounds pretty tricky, but we better get our act together. This year the majority of space launches included commercial enterprises. Space is no longer just the playground of governments but companies; companies that want to mine the moon for water that they could sell as rocket fuel, companies that want to mine the moon for helium -3 which could be sold and used as energy back on earth and companies that want to mine asteroids for platinum that they could sell for huge profits. But is this legal? The Outer Space Treaty, a set of laws written in the 1960s, says no state can conquer or own the moon or any other celestial body. So if you can’t own the moon, can you sell what you find on it? Perhaps it’s time for a new set of laws. So, how do we rule the universe?

(digital illustration: Somewhere in the Universe: NASA's Kepler mission discovers a world orbiting two stars. Credit: NASA/JPL-Caltech via Getty Images)