Private Space Sector Goals
Private Property in Space, UN Treaty Modification
Generate public awareness of the legality of off-planet
private property claims.
The fifty (50) year old notion that private property claims of
this type were unlawful under the Outer Space Treaty can be
forever laid to rest! Its legal validity backed by the sworn
statement/signature of the US Secretary of State, the world now
has prima facie evidence that such private property claims can
lawfully be executed in conformity with the current legal
framework. This clarification has removed a major roadblock in
the evolution of property rights in space.
Altering all legislation consideration toward private sovereign
rights beyond national borders.
Current trends within the United Nations framework are leading
to establishment of an international regime to govern all
territory beyond national borders – a regime which is
unfavorable to property rights and shielded from input from
private individuals. The only entity claiming legislative
authority over territorial claims outside national borders is
the International Sea Bed Authority, its powers designated
within the Law of the Sea Treaty, whereby the deep sea-bed is
governed by the “Common Heritage principle” - Private property
is outright forbidden, private citizens placed under the
authority of a top-down regime.
The Moon Treaty threatens to apply this same kind of governance
across the solar syste5, and contrary to popular belief, is a
“treaty in force”, and is gaining signatories and support on a
yearly basis. US ratification of the Law of the Sea Treaty is
currently being debated in the Senate, with plans for a vote
before the year's end. If signed into law, a perceived
detrimental precedent would be set for territorial governance by
the United Nations in all areas outside national jurisdiction.
This could serve as an alternative method for applying the same
style of regime to Outer Space.
Establish a permanent platform for direct private sector
participation with the United Nations in future legislation as
it pertains to outer space.
A new treaty, favorable to property rights, would require
unanimous consent within UNCOPUOS which would require withdrawal
from the Moon Treaty. The result offering individual sovereignty
to truly extend beyond the confines of Earth unopposed. As
private citizens continue to be discouraged and shut out of the
legislative process, hope for a commercially viable solution by
the United Nations is mathematically impossible. *The will of
mankind is not being reflected by the legislation governing it
on the UN level. A balance must be struck between the 65 people
enacting legislation behind closed doors, and the consent of the
billions governed by it.
FACTOID:
Currently the planetary mining market is unaware of the legality
of Outer Space property claims to execute claims in conformity
with the Outer Space Treaty-making.