Category Archives: Economics

Falcon Heavy And Asteroid Mining

Martin Elvis says it’s a game changer. BFR would be even more so. But this (from the story’s author) is a little silly:

Also, I feel like launching all of those rockets and processing the metals can’t be good for the environment.

The metals would be processed in space. The whole point of this is to start to move industry off the planet, which would be great for the environment. He should try thinking, and doing some actually analysis, rather than going on feels.

[Tuesday-morning update]

This seems related, sort of: Planetary Resources has a funding shortfall.

Seems like those billionaires who supposedly founded it don’t actually have that much faith in the venture.

Colonizing The Moon

I agree that we have the tech to do this affordably, but I strenuously disagree with this:

The activities at this moon base would be focusing on science, as is the case in the Antarctic. It could provide an official U.S. government presence on the moon, and its motivation would be rooted in U.S. national policy—again as are the U.S. Antarctic bases.

To the degree that the focus should be on “science,” it should be about better learning how to live on the moon, and Antarctica is a terrible precedent, in that we aren’t allowed to exploit it for its resources. That’s also why the Outer Space Treaty itself, which was modeled on the Antarctic Treaty, is a problem.

The NASA Budget

Eric Berger has looked at it, and (unsurprisingly) the Trump administration seems to be in no hurry to get back to the moon. The NASA budget is going to become increasingly irrelevant in the next few years.

[Update a while later]

Dick Eagleson wonders not only if SLS’s days are numbered, but just how low the number is?

SLS, as currently envisioned, is a farce. Its development has been glacial and insanely expensive. It plows absolutely no significant new technological ground. It will be slow and insanely expensive to build. It is entirely expendable. Its associated spacecraft, Orion, is, at best, a Moon-craft, lacking heat shielding sufficient to withstand an Earth return from any significantly more distant point and, in any case, having life support capability for only 12 person-weeks of continuous occupancy.

But other than that, it’s great.

Last week’s launch was a major temblor, I think.

[Update early afternoon]

Here‘s Christian Davenport’s story (I saw him at the launch last week).

[Tuesday-morning update]

Katherine Mangu-Ward: It’s not a crazy idea to privatize the ISS.

Sea-Level-Rise Acceleration

Judith Curry’s latest thoughts (this is part of a series, to be continued).

The more times goes on, the less concerned I get about climate change (not that it may not change for the worse — that’s always a possibility — but in the sense that we really understand and can predict it). For example, consider the Iceland event of 1783. If that happened today, it would be much larger than anything we’ve been doing with CO2, and it’s entirely unpredictable.

As always, our best bet is to get as wealthy as possible so we’ll have the resources to deal with whatever the future holds. Instead the climate alarmists advocate polices that make energy needlessly more expensive (and hence everything more expensive, inhibiting economic growth).

[Update late afternoon]

Judith’s weekly climate roundup, which is usually interesting.