Impakter
  • Environment
    • Biodiversity
    • Climate Change
    • Circular Economy
    • Energy
  • FINANCE
    • ESG News
    • Sustainable Finance
    • Business
  • TECH
    • Start-up
    • AI & Machine Learning
    • Green Tech
  • Industry News
    • Entertainment
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
  • Editorial Series
    • SDGs Series
    • Shape Your Future
    • Sustainable Cities
      • Copenhagen
      • San Francisco
      • Seattle
      • Sydney
  • About us
    • Company
    • Team
    • Global Leaders
    • Partners
    • Write for Impakter
    • Contact Us
    • Privacy Policy
No Result
View All Result
Impakter logo
No Result
View All Result
Space mining, an asteroid

The Problems With Space Mining No One Is Talking About

Asteroid mining could unlock untold riches and thorny ethical problems. Are we ready as we race to the launch pad?

Andrew S. Rivkin - Planetary Astronomer at Johns Hopkins UniversitybyAndrew S. Rivkin - Planetary Astronomer at Johns Hopkins University
September 9, 2022
in Science, Society
0

Asteroid mining is coming sooner than people realise. Several asteroid mining companies have developed serious business cases. Demonstration missions could occur within a few years for interested, patient and well-funded investors.

The most enthusiastic advocates of asteroid mining suggest it could unlock trillions of dollars of wealth; more sober analysts: tens of billions.

Space resources are occasionally compared to those of the sea. But the barrier to entry for the ocean is a fishing pole or net or the ability to dive. Asteroid mining, by contrast, requires advanced technology and large amounts of starting capital.

The level of wealth required to pursue an asteroid mining venture is concentrated in the hands of a very small number of people. Large disparities exist between those able to take advantage of the resources and those most at risk of harm by exploitation.

It also seems possible, if not likely, that the earliest successes in asteroid mining will be the only successes. Competition with established companies will be an additional barrier, and a monopoly or cartel may develop.

Daniel Pilchman, a legal philosopher, says asteroid mining is likely to increase inequality on Earth. He argues it will therefore be an unethical practice, unless it can be regulated to bring benefits to all. James Schwartz, also a philosopher, says mining asteroid resources is unlikely to “significantly improve the well-being of average human beings,” and by extension, would be unethical.

He assumes those resources would be used to support space-based rather than Earth-based needs, a conclusion not everyone agrees with.


Related Articles: Why Biomining Could Be The Future Of Space Society | Our Outer Space Future: Is There a Better Way Out?

Cosmologist Aparna Venkatesan says there’s a need to integrate indigenous knowledge and mainstream astronomy to prevent the expansion of “the mindset of colonialism to a truly cosmic scale.” This mindset of colonialism is deeply intertwined with many of the stated motivations for resource exploitation in space and its ability to equip human expansion into the Solar System.

Many other space scientists argue it is “critical that ethics and anticolonial practices are a central consideration of planetary protection.” They recommend the space science community consider the ethics of planetary missions to explore questions such as the “preservation of environments on planetary bodies,” the “long-term environmental impacts of resource extraction on planetary bodies,” and the “short-term impact of largely unrestrained resource extraction on wealth inequality.”

This legacy of colonialist decision-making harming Indigenous people throughout history has left a stain on the profession of mining — a legacy space miners would do well to avoid.

For example, the mining workforce is ageing in part due to the challenge of attracting early-career employees who are more environmentally minded than the previous generation. Environmental impact assessments, now a standard part of the approvals process for many new large-scale mines, could be applied to asteroid mining. Mining companies are increasingly concerned with obtaining a “social licence to operate” from local stakeholders, who will shut down mining operations with strikes and blockades if they are dissatisfied.

Asteroid mining may not harm humans in a way that’s comparable to terrestrial mining, but disruption and dust from mine operations is still possible. Physicist Paul Wiegert studied the spread of dust when NASA and the European Space Agency tried nudging the asteroid Didymos to test an asteroid impact prevention system. He concluded that while the released dust and rubble posed no threat to Earth, mining operations could plausibly generate lots of such debris.

On the flip side of questions about whether it is ethical to mine asteroids is the question of whether it is ethical to leave a vast store of resources untouched. Resources that would be useful for things like green energy and large-scale agriculture.

Asteroid resources are unlikely to harbour life, meanwhile the only planetary body with known life in the Solar System, Earth, continues to be exploited. Weighing these ethical issues may become necessary in the face of climate change and ecosystem collapse. Planetary scientist Philip Metzger argues space mining will allow solutions to Earth’s increasing energy demands that are not currently feasible, such as beaming solar energy via microwave to Earth.

The United Nations takes the view that space exploration should be done for the benefit of all. It is reasonable for society, which is being asked to fund investment in enabling technologies, to ask in return not only for a lack of harm from asteroid mining but for an equitable share of the positive benefits gained.

Space science is often lauded for its ability to inspire future generations. That inspiration can cut both ways: how humans act in taking these steps into the cosmos will set precedents that subsequent generations will either follow or have to undo. The question is not only how to make technical progress but whether we should.

— —

Moses Milazzo (Other Orb LLC), Aparna Venkatesan (University of San Francisco), Elizabeth Frank (First Mode), Monica R. Vidaurri (Howard University/NASA Goddard Space Flight Center), Phil Metzger (Florida Space Institute/University of Central Florida), Chris Lewicki (Former CEO, Planetary Resources) contributed to this article

This article on space mining was originally published under Creative Commons by 360info™.


Editor’s Note: The opinions expressed here by the authors are their own, not those of Impakter.com — In the Featured Photo: The Psyche asteroid is rich in potentially useful metals. A space mining mission to explore it will launch in 2022. Featured Photo Credit: NASA/JPL-Caltech/ASU.

Tags: 360infoAsteroid MiningAstronomyDaniel PilchmanEuropean Space AgencyExpansion into SpaceInequalityNASASpace MiningSpace Resources
Previous Post

Interview With YA.BE: Re-Writing the Definition of Beauty

Next Post

Tesseract Raises $78M to Facilitate Access to Clean Energy

Related Posts

Governments Are Hiding Data, Threatening Democracy. Here’s How It Affects You
Politics & Foreign Affairs

Governments Are Hiding Data, Threatening Democracy. Here’s How It Affects You

Around the world, governments are quietly deleting, manipulating, or withholding public data at an unprecedented scale, which is a direct...

byDaniel Angus - Professor at the Queensland University of Technology & Director of its Digital Media Research Centreand3 others
December 4, 2025
climate finance gap Europe
Climate Change

Climate Cash Crisis: Can Investment Planning Fix Europe’s Finance Adaptation Gap?

The escalating impacts of climate change are deepening a critical finance gap across the European Union (EU), as investments in...

byPhoebe Koundouri - President of the World Council of Environmental and Natural Resource Economists Associations, Chair of the SDSN Global Climate Huband2 others
May 26, 2025
ESG news regarding first commercial e-methanol plant in Denmark, IFC one-hundred-million-dollar investment in electric vehicles in Mexico, EFC gas awarded five-million-dollar contract from NASA, and germany revising energy grid
Business

European Energy Opens First Large-Scale E-Methanol Plant

Today’s ESG Updates Denmark Opens E-Methanol Plant: European Energy and Mitsui launch the first commercial e-methanol plant to supply green...

bySarah Perras
May 13, 2025
space junk
Science

Earth’s Orbit Is Filling Up With Junk. Greenhouse Gases Are Making the Problem Worse.

At any given moment, more than 10,000 satellites are whizzing around the planet at roughly 17,000 miles per hour. This...

byGrist
March 13, 2025
italy populism
Politics & Foreign Affairs

Meloni’s Italy at a Crossroads: Pragmatism or Populism?

Global and European political shifts could push Italy, under Prime Minister Giorgia Meloni, towards a more radical stance. Since 2022,...

byValerio Alfonso - Research Fellow at Università Cattolica del Sacro Cuore
February 21, 2025
mnps soil
Environment

How Microplastics Are Destroying Soil and Human Health

Soil health is a critical global issue. World Soil Day reminds us that degraded soils affect food security, water quality and ecosystems....

byDr. Abhilasha Shourie - Professor at the Manav Rachna International Institute of Research and Studies
December 4, 2024
climate change and wars
Climate Change

How Climate Change Feeds Our Wars

Since the military seized power in a coup in February 2021, Myanmar has experienced a prolonged and intense conflict. More...

byMichele L Barnes - Associate Professor at the University of Sydneyand1 others
November 28, 2024
AI US election
AI & MACHINE LEARNING

How AI Could Influence US Voters

With a day until the most divisive and hotly contested US presidential election in recent memory, Artificial Intelligence (AI) is...

byDr Timothy Koskie, University of Sydney
November 4, 2024
Next Post
Tesseract Raises $78M to Facilitate Access to Clean Energy

Tesseract Raises $78M to Facilitate Access to Clean Energy

Recent News

ESG News regarding China restricting industrial renewable exports, UN warning that US climate treaty exit harms economy, UK firms lowering wage forecasts despite inflation, Meta partnering with TerraPower for new nuclear reactors.

To Save the Grid, China Forces Industries to Go Off-Network

January 9, 2026
Cleaner Air in Hospitals

How Cleaner Air in Hospitals Can Cut Infections and Climate Impact at the Same Time

January 9, 2026
Search cleanup, key activity to protect your data and tech devices.

A Simple “Search Cleanup” Plan for Busy People

January 9, 2026
  • ESG News
  • Sustainable Finance
  • Business

© 2025 Impakter.com owned by Klimado GmbH

No Result
View All Result
  • Environment
    • Biodiversity
    • Climate Change
    • Circular Economy
    • Energy
  • FINANCE
    • ESG News
    • Sustainable Finance
    • Business
  • TECH
    • Start-up
    • AI & Machine Learning
    • Green Tech
  • Industry News
    • Entertainment
    • Food and Agriculture
    • Health
    • Politics & Foreign Affairs
    • Philanthropy
    • Science
    • Sport
  • Editorial Series
    • SDGs Series
    • Shape Your Future
    • Sustainable Cities
      • Copenhagen
      • San Francisco
      • Seattle
      • Sydney
  • About us
    • Company
    • Team
    • Global Leaders
    • Partners
    • Write for Impakter
    • Contact Us
    • Privacy Policy

© 2025 Impakter.com owned by Klimado GmbH