Who Owns The Moon? - Summary

Summary

This video discusses the concept of ownership in outer space, specifically focusing on whether individuals or organizations can claim ownership of celestial bodies like the moon or asteroids. According to the Outer Space Treaty, outer space is considered the "common heritage of mankind," and no country or entity can claim ownership of it. However, the treaty does not explicitly address private ownership, leaving room for interpretation.

The video highlights a case where an individual, Gregory W. Nimitz, claimed ownership of an asteroid and even sent a parking ticket to NASA after they landed a probe on it. NASA dismissed the fine, citing that Nimitz's claim had no legal merit.

The video also explores the idea that without clear laws and regulations, individuals and organizations may be hesitant to invest in space exploration and development. It suggests that the Outer Space Treaty's emphasis on outer space being a common heritage may have slowed space exploration.

Additionally, the video touches on the concept of ownership in space, including the fact that individuals can own objects they put into space, but not the space itself. It also discusses the idea of lunar real estate and the lack of clear laws and regulations surrounding it.

The video concludes by highlighting the complexities and uncertainties surrounding ownership in outer space and the need for clearer laws and regulations to facilitate space exploration and development.

Facts

Here are the key facts extracted from the text:

1. Gregory W. Nimitz registered some land containing 492 quintillion dollars worth of platinum on an asteroid named 433 Eros.
2. No sovereign nation on Earth recognizes human claims to extraterrestrial real estate.
3. NASA landed a probe on the asteroid 433 Eros in less than a year after Nimitz's claim.
4. The 1979 Moon Treaty states that no one can own any part of outer space ever, but only 11 states have signed it.
5. The 1967 Outer Space Treaty, signed by 129 nations, says that outer space is not subject to national appropriation.
6. The Outer Space Treaty does not explicitly prohibit private individuals or companies from owning part of outer space.
7. The Outer Space Treaty says that outer space is the common heritage of mankind and belongs to all of us.
8. The International Telecommunication Union, a UN agency, temporarily grants orbits around Earth.
9. The Outer Space Treaty says that the stuff we left on the moon, such as equipment and spacecraft, remains property of the original owner forever.
10. The Antarctic Treaty was used as a basis for the Outer Space Treaty.
11. The Outer Space Treaty has slowed space exploration due to the lack of incentive to profit from it.
12. There are no laws governing the treatment of aliens if they were to land on Earth.
13. The concept of "touch" is problematic at a quantum level, and matter never really contacts other matter.
14. NASA says that Terri Slezak was the first person to touch the moon with his bare hands, albeit accidentally.
15. Hundreds of metric tons of extraterrestrial rock fall to Earth every year, some from the moon but most from asteroids.
16. Microscopic pieces of asteroids and the moon are present in the air we breathe and can be found in dust and dirt.