"The exploration and use of outer space, including the moon and other celestial bodies, shall be carried out for the benefit and in the interests of all countries, irrespective of their degree of economic or scientific development, and shall be the province of all mankind."
" for the benefit and in the interests of all countries, irrespective of their degree of economic or scientific development"
"Michael Listner, founder and principal at Space Law and Policy Solutions in New Hampshire, says that the bill is "crafted with international law in mind," but the underlying caveat that property rights will be granted in accordance with international obligations could be a "showstopper." He also points out that the European Space Agency (ESA) is "planning on granting resource rights as well" and asks how claims under this legislation would be reconciled with competing foreign claims."
Posey, Kilmer Introduce ASTEROIDS Act To Grant Property Rights to Asteroid Resources - UPDATE
"Any resources obtained in outer space from an asteroid are the property of the entity that obtained such resources, which shall be entitled to all property rights thereto, consistent with applicable provisions of Federal law."consistent with
" for the benefit and in the interests of all countries, irrespective of their degree of economic or scientific development"The proposed law says
" develop the frameworks necessary to meet the international obligations of the United States."
The term "use" is vague and is not defined by the Outer Space Treaty. Therefore, it is open to many interpretations based on your point of view. When a treaty is interpreted it is done so by the standards set forth in the Vienna Convention and whether the term "use" could apply to mining and property rights would have to be evaluated using those standards. It is important to note that there is no specific prohibition to granting mining rights but neither is there anything specifically allowing it either.
Furthermore, when you look at a treaty you can't just pick and choose how you define a specific term without considering the intent of the treaty [as a] whole. That means while "use" could possibly be interpreted to allow for mining rights it would have to be evaluated in the context of the Outer Space Treaty in general and not just by cherry-picking Article I.
Can Congress Grant Private Companies The Right To Mine Asteroids?