{"id":1124214,"date":"2024-04-24T10:37:52","date_gmt":"2024-04-24T14:37:52","guid":{"rendered":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/uncategorized\/as-space-exploration-increases-effective-space-regulation-is-a-necessity-verdict\/"},"modified":"2024-04-24T10:37:52","modified_gmt":"2024-04-24T14:37:52","slug":"as-space-exploration-increases-effective-space-regulation-is-a-necessity-verdict","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/space-exploration\/as-space-exploration-increases-effective-space-regulation-is-a-necessity-verdict\/","title":{"rendered":"As space exploration increases, effective space regulation is a necessity &#8211; Verdict"},"content":{"rendered":"<p><p>Space has long been a frontier for geopolitical        competition. Credit: IM_photo via Shutterstock.                <\/p>\n<p>    The US-led Artemis Accords are a set of non-binding principles    designed to guide peaceful cooperation in the exploration of    outer space, including the Moon and eventually Mars. They cover    provisions on transparency, interoperability, registration of    space objects, release of scientific data, protecting space    heritage, the use of space resources, deconfliction of space    activities, and emergency assistance.  <\/p>\n<p>    The Accords were established in 2020 by eight founding    nations: Australia, Canada, Italy, Japan, Luxembourg, the    United Arab Emirates, the UK, and of course the US.  <\/p>\n<p>    The Accords build upon existingbut now deeply outdatedspace    regulations, including the 1967 Outer Space Treaty, 1968 Rescue and Return Agreement, 1972 Liability Convention, and 1975 Registration Convention. As a sign of    the breadth of countries signing the Accords, Slovenia became    the 39th nation to sign the Accords on April 19, 2024. In doing    so, Slovenia became the third European signatory in just five    daysSwitzerland and Sweden signed the Accords on April 15 and    April 16, respectively.  <\/p>\n<p>    India, which has been able to punch above its budget in space,    signed the Accords back in June 2023. This forms part of a    broader trend of strengthening ties between India and the US in    space.   <\/p>\n<p>    China and Russia, the two other space superpowers aside from    the US, are notable absentees from the signatories of the    Artemis Accords. This is unsurprising, particularly in light of    the current geopolitical climate. Space has long been a    frontier for geopolitical competition.In recent years,    heightened security concerns surrounding China and the    Russia-Ukraine conflict have further isolated Beijing and    Moscows space operations from the West. It isnt in China or    Russias interests for the US-led Artemis Accords to succeed in    such circumstances.  <\/p>\n<p>    In a marriage of necessity, with no other major allies to turn    to, China and Russia are increasingly teaming up in space to    take on the US space juggernaut. The US spent $73.2bn on space programs in    2023China and Russias combined spending totalled just $17.56bn. China and    Russia have announced plans to put a nuclear power plant on the    Moon by 2035, which will fuel a planned joint China-Russia Moon    base. Partnerships are at the core of the space economy. No one, even Nasa, can go it    alone.  <\/p>\n<p>      Access the most comprehensive Company Profiles on the market,      powered by GlobalData. Save hours of research. Gain      competitive edge.    <\/p>\n<p>            Your download email will arrive shortly          <\/p>\n<p>            We are confident about the unique quality of our            Company Profiles. However, we want you to make the most            beneficial decision for your business, so we offer a            free sample that you can download by submitting the            below form          <\/p>\n<p>                                                      Country *                                                        UK                                                        USA                                                        Afghanistan                                                        land Islands                                                        Albania                                                        Algeria                                                        American Samoa                                                        Andorra                                                        Angola                                                        Anguilla                                                        Antarctica                             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                                         Niue                                                        Norfolk Island                                                        Northern Mariana Islands                                                        Norway                                                        Oman                                                        Pakistan                                                        Palau                                                        Palestinian Territory                                                        Panama                                                        Papua New Guinea                                                        Paraguay                                                        Peru                                                        Philippines                                                        Pitcairn                                                        Poland                               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                    Trinidad and Tobago                                                        Tunisia                                                        Turkey                                                        Turkmenistan                                                        Turks and Caicos Islands                                                        Tuvalu                                                        Uganda                                                        Ukraine                                                        United Arab Emirates                                                        US Minor Outlying Islands                                                        Uruguay                                                        Uzbekistan                                                        Vanuatu                                                        Venezuela                                                        Vietnam                                                        British Virgin Islands                                                        US Virgin Islands                                                        Wallis and Futuna                                                        Western Sahara                                                        Yemen                                                        Zambia                                                        Zimbabwe                                                        Kosovo                                                <\/p>\n<p>                                                      Industry *                                                        Academia & Education                                                        Aerospace, Defense & Security                                                        Agriculture                                                        Asset Management                                                        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                                        Travel, Tourism & Hospitality                                                        Venture Capital                                                <\/p>\n<p>                 Tick here to opt out of curated                industry news, reports, and event updates from                Verdict.              <\/p>\n<p>                Submit                and download              <\/p>\n<p>    However, a new body of space regulation fit for the 21st    century and which all major space superpowers are party to is    desperately needed. The Artemis Accords are of course    non-binding. But they make a good start in attempting to set    norms on peaceful cooperation in space. This is an essential    first step in proactively tackling potential geopolitical    flashpoints looming in this frontier.  <\/p>\n<p>    One such concern is conflict for resources on the Moon. There    are possibly trillions of dollars worth of untapped lunar    resources. Without global regulations or norms in place to    guide ownership and mining rights, disputes over lunar    resources could quickly spiral into an unwanted confrontation.  <\/p>\n<p>    Space debris is also a real concern. As of November 2023, there    are currently over 130 million pieces of space debris in orbit,    according to the EU Space Agency. The    likelihood of collisions will rise as more objects are launched    into space. Yet, there is no global legal framework targeting    the issue of space debris. Only in 2023 did the US Government    issue the worlds first space debris fine.  <\/p>\n<p>    Cooperation on space regulationeven an Artemis Accord-style    agreement in the interimbetween all major space    players needs to become a global priority. Discussions need to    focus on regulations or norms concerning the ownership and    mining rights of lunar resources and the removal of space    debris. Then, efforts can shift to more long-term issues    surrounding asteroid mining and the colonisation of Mars. The    US, China, and Russia need to get around a table and start    working together on global space regulation.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Excerpt from:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\" href=\"https:\/\/www.verdict.co.uk\/analyst-comment\/as-space-exploration-increases-effective-space-regulation-is-a-necessity\" title=\"As space exploration increases, effective space regulation is a necessity - Verdict\">As space exploration increases, effective space regulation is a necessity - Verdict<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Space has long been a frontier for geopolitical competition. Credit: IM_photo via Shutterstock. The US-led Artemis Accords are a set of non-binding principles designed to guide peaceful cooperation in the exploration of outer space, including the Moon and eventually Mars.  <a href=\"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/space-exploration\/as-space-exploration-increases-effective-space-regulation-is-a-necessity-verdict\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187764],"tags":[],"class_list":["post-1124214","post","type-post","status-publish","format-standard","hentry","category-space-exploration"],"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1124214"}],"collection":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/comments?post=1124214"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/posts\/1124214\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/media?parent=1124214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/categories?post=1124214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/prometheism-transhumanism-posthumanism\/wp-json\/wp\/v2\/tags?post=1124214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}