Mr. Clintberg's Studyphysics

A place for Mr.C's students to come and discuss topics in physics.
HomeHome  FAQFAQ  SearchSearch  RegisterRegister  MemberlistMemberlist  UsergroupsUsergroups  Log in  

Share | 

 Plans for Asteroid Mining Emerge

Go down 
Cassidy Mozak

Number of posts : 46
Registration date : 2012-02-03

PostSubject: Plans for Asteroid Mining Emerge   Wed Apr 25, 2012 6:44 pm

The article discusses a project founded by billionaires James Cameron, Larry Page, and Eric Schmidt that involves obtaining resources from asteroids in outer space that pass near the Earth. The cost of the technology and processes that is required to obtain the resources and transport them to the Earth however would cost much more than the actual resources are worth. Therefore, it seems like this project may be a waste since it is not cost efficient at all. However, with the resources on Earth depleting faster and faster, and sustainability not becoming a priority for many people, I think it is important that technologies like these are developed so that some day, we can extend them to include not only the gold and platinum they are trying to extract in the near future, but also resources that can be used to make the materials that we are running low on here on Earth. The idea of using outer space for commercial reasons rather than just exploration is fascinating and hopefully will be beneficial to all the parties involved.
Back to top Go down
View user profile
Ashley Bacchus

Number of posts : 64
Registration date : 2011-02-06

PostSubject: Re: Plans for Asteroid Mining Emerge   Sat Apr 28, 2012 12:59 am

I think this is a good idea because sooner or later the Earth’s resources will essentially be gone. So we need to find other ways to obtain resources that are necessary to our survival. We have renewable energy resources that are a good option for energy, but at least this asteroid mining provides another option we could use. Of course it would be the billionaires that would be mining in outer space, personally I think it would be better if it was the government doing it, but I guess most governments can’t afford it at the moment. But with the mining being private, prices will definitely go up because the billionaires will be selling it to other companies on Earth and to the government so it will cost governments and those other companies more to buy it from them since those resources will be in high demand. I agree with the scientists in the article that it would be highly unlikely they would have a fuel depot in space by 2020. There’s so much to do and so many risks that I think that date is a bit unrealistic. The rocket fuel idea, which seems like it would work, would probably be very expensive, as there would be many steps involved with converting water in space to liquid hydrogen and oxygen. It would take heaps of money to accomplish what they want but I think eventually it will happen and the billionaires will get even richer. Space tourism and asteroid mining also relate to the idea of space colonies. Could you imagine growing up in space? That’d be incredible, you would be able to look outside your window and see the beauty of the planet Earth. I myself would never want to live in space, because the very thought of it freaks me out a bit, it would be a remarkable experience, but still scary. And I know that this is so far away from now but it will probably happen too, one day…
Back to top Go down
View user profile
Plans for Asteroid Mining Emerge
Back to top 
Page 1 of 1
 Similar topics
» Plans and Specifications
» Rosetta to fly near asteroid Steins
» Extreme velocity getting more numerous and bigger as Ison approaches Newly Discovered Near-Earth Asteroid Will Buzz Earth Tuesday Closer Than The Moon: weaponization of space begins.
» GEK Gasifier free plans open source
» Free plans

Permissions in this forum:You cannot reply to topics in this forum
Mr. Clintberg's Studyphysics :: Discover Magazine :: April 2012-
Jump to: