Trump signs an executive order allowing mining the moon and asteroids
Monday, April 13, 2020 - 09:10
in Mathematics & Economics
In 2015, the Obama administration signed the U.S. Commercial Space Launch Competitiveness Act (CSLCA, or H.R. 2262) into law. This bill was intended to "facilitate a pro-growth environment for the developing commercial space industry" by making it legal for American companies and citizens to own and sell resources that they extract from asteroids and off-world locations (like the moon, Mars or beyond).