the alternative option to catastrophic war
actually, catastrophic war would be perceived by the potential victors as considerably cheaper ....
the alternative option to catastrophic war
Selective plague
and computer virus.
The Chinese aren't the only ones running on empty
and waiting for a technological revolution to pull their chestnuts out of the fire.
Yes they can. It's a question of investment, not capability.
When it is cheaper to harvest rare earths and the like from asteroids than it is to try and exploit the dwindling resources here on Earth then it will be done.
There's a sort of chicken-and-egg problem here. In an OTU style 'verse, as in many sci-fi settings it's assumed that space travel and space habitat technology is cheap enough that exploiting resources in space is economically viable. That's fine as far as it goes. You can drive it off rule-of-cool.When is it going to be cheaper to invest hundreds of billions to trillions of dollars into asteroid mining than to invest hundreds of millions to exploit resources on Earth? "Rare earths" aren't actually that rare, they're just difficult to exploit at the prices the market for them wants.
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There's a sort of chicken-and-egg problem here. In an OTU style 'verse, as in many sci-fi settings it's assumed that space travel and space habitat technology is cheap enough that exploiting resources in space is economically viable. That's fine as far as it goes. You can drive it off rule-of-cool.
If space travel is more expensive - and in particular getting up out of a gravity well is expensive - then you can have a setting where mining stuff in space to make space infrastructure is more cost effective. You can ascribe whatever motivation to this that you want. Perhaps support for large, unstreamlined jump ships supporting colonisation efforts (think Alliance-Union 'verse, for example).
For example, if you wanted to something in the moon's L4 or L5 point and didn't want to postulate a two or three order-of-magnitude improvement in the specific impulse of drive technology then a plant processing lunar regolith for titanium, aluminium, oxygen and various other odds and sods and firing them into an orbital rendezvous with the construction site could easily make sense. Mining hydrocarbons from Titan is perhaps a bigger stretch unless you're building something in orbit around Jupiter but I wouldn't characterise it as egregious mcguffinite abuse.
large portions of the resources of earth are inaccessible.My issue is more on the specific statement Mike made about "dwindling resource of Earth" being a thing and asteroid mining being a solution. First I posits that "dwindling resource of Earth" is not a thing and even if it was asteroid mining is so impractical the opportunity cost is orders of magnitude beyond the next possible solution, of which I think there's several. Both ideas I think are very hyperbolic.
Nope. It is a real bottleneck that will start to be felt in about ten years for some of the minerals and at current rates of demand. Demand could fall and new deposits and extraction techniques developed so lets say twentyMy issue is more on the specific statement Mike made about "dwindling resource of Earth" being a thing and asteroid mining being a solution. First I posits that "dwindling resource of Earth" is not a thing and even if it was asteroid mining is so impractical the opportunity cost is orders of magnitude beyond the next possible solution, of which I think there's several. Both ideas I think are very hyperbolic.
Or internet billionaires... Musk, Branson and Bezos are in the space business to make money, not for altruism.As you said, the space built stuff is the domain of large organizations (likely only governments) due to the infrastructure and cost requirements.
war or asteroid mining, take your pick. They will do whichever is cheaper.
Musk, Branson and Bezos are in the space business to make money
they are a long long way from any positive returns. seems more like a hobby.
Nope. It is a real bottleneck that will start to be felt in about ten years for some of the minerals and at current rates of demand. Demand could fall and new deposits and extraction techniques developed so lets say twenty
Go do a bit of research on rare earth reserves - its grim reading for a lot of them.
Nope. It is a real bottleneck that will start to be felt in about ten years for some of the minerals and at current rates of demand. Demand could fall and new deposits and extraction techniques developed so lets say twenty
Go do a bit of research on rare earth reserves - its grim reading for a lot of them.
Note that the Nasa statement pretty much mentions that the USA can not risk being held to ransom by foreign governments over rare earths and the like - so war or asteroid mining, take your pick. They will do whichever is cheaper.
Or internet billionaires... Musk, Branson and Bezos are in the space business to make money, not for altruism.
Aeon Interview of Musk said:I think there is a strong humanitarian argument for making life multi-planetary,’ he told me, ‘in order to safeguard the existence of humanity in the event that something catastrophic were to happen, in which case being poor or having a disease would be irrelevant, because humanity would be extinct. It would be like, “Good news, the problems of poverty and disease have been solved, but the bad news is there aren’t any humans left.”’
Yep.Go look up Indium...
Problem is, there has been someone sounding off about "peak oil" since the 1950s and the peak still hasn't come.
It's a real big leap to say the next best source is an asteroid rather here on Earth.
At some point space launch costs will be reduced to a point where space industry is a thing.
Magnificent Obsessions
I don't think anyone would argue with THAT. Assuming continued technological progress, what you have written is a capitalist tautology.At some point space launch costs will be reduced to a point where space industry is a thing.
The US has a couple sites with good ores. Only one has been commercially viable....
When push comes to shove, isn't Alaska's least accessible part a heck of a lot more accessible than an asteroid?In Alaska's case, the abundances are problematic because the extractable locations are not on readily accessible parts of the state,
When prices rise are high enough for rare earths, this political problem is likely resolvable....and the neighboring native corps don't want CIRI risking fish (which they get income from) for CIRI getting stinking rich on metal mines.
"Shortage" is really the wrong word to use here. We are not supply constrained in the electronics industry. When Rare Earth are a "bottleneck" (Mike's term) or in "shortage" you will see the price of iPhones and flat pannels and other consumer electronics rise. Instead we still see them fall 10% per annum or more.Yep.
The Rare Earths shortage is well documented.
So what will it take to be viable?
Instead we still see them fall 10% per annum or more.