The Luxembourg law on mining in space will come into force on 1 August

Date:

2017-07-31 18:00:05

Views:

1174

Rating:

1Like 0Dislike

Share:

The Luxembourg law on mining in space will come into force on 1 August

The Parliament of Luxembourg worked on the law governing the extraction of minerals, since last year, and now the government of the Duchy have approved it. According to the first article of the law, space resources can be owned by private companies. This, according to legislators, should encourage businesses to develop space projects in this field.

Earlier, he was awarded an international agreement governing the activities of States in outer space. According to one of the provisions of the Treaty, no country may claim ownership of celestial bodies and their parts, but a law passed in Luxembourg, the Treaty does not contradict, because the mining claim to the possession of the heavenly body — «two big differences».

Monaco is making big bets on the mining of space resources, planning to become one of the key players of this industry of the future, so the law that take effect from 1 August, will be only the first milestone in the implementation of these ambitious plans. Only the government of Luxembourg plans to invest in the initiative, around 200 million euros, especially in the Duchy was already several companies planning to mine minerals in space — Deep Space Industries is developing a spacecraft capable of «gut» asteroids and startup Planetary Resources creates probes that will help in the search for asteroids suitable for mining.

Recommended

Can genes create the perfect diet for you?

Can genes create the perfect diet for you?

Diet on genotype can be a way out for many, but it still has a lot of questions Don't know what to do to lose weight? DNA tests promise to help you with this. They will be able to develop the most individual diet, because for this they will use the m...

How many extraterrestrial civilizations can exist nearby?

How many extraterrestrial civilizations can exist nearby?

If aliens exist, why don't we "hear" them? In the 12th episode of Cosmos, which aired on December 14, 1980, co-author and host Carl Sagan introduced viewers to the same equation of astronomer Frank Drake. Using it, he calculated the potential number ...

Why does the most poisonous plant in the world cause severe pain?

Why does the most poisonous plant in the world cause severe pain?

The pain caused to humans by the Gimpi-gympie plant can drive him crazy Many people consider Australia a very dangerous place full of poisonous creatures. And this is a perfectly correct idea, because this continent literally wants to kill everyone w...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

10 most high-profile nuclear disasters

10 most high-profile nuclear disasters

once upon a time people believed that nuclear power will one day solve all energy problems of mankind. From nuclear power plants to Airliners that need to be recharged once in 22 years, since the Second world war, the great nuclea...

In the United States for the first time edited the genes of human embryos

In the United States for the first time edited the genes of human embryos

last week, a team of researchers from the University of Oregon health and science for the first time edited human embryos using a technique known as . As reported in the project includes editing the DNA of several single-celled hu...

Scientists figure out how and where to appear tardigrades

Scientists figure out how and where to appear tardigrades

a New analysis of the genome of animalcules opened the new scientist the secrets of the most tenacious in the world of the animal, at the same time bringing into question the conclusions made in earlier studies. Comparison of gene...