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Capitalism saves the world -- the energy crunch vs. Lunar mining


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"According to co-founder and chairman Naveen Jain, "Moon Express now has all the capital it needs to land its small robotic spacecraft on the surface of the moon in November or December of 2017." The company's goal is twofold: 1) mine the moon for valuable resources, such as Helium-3, gold, platinum group metals, rare earth metals and water; and 2) help researchers develop human space colonies for future generations.

 

"The ability to mine Helium-3 could have a tremendous impact on Earth and the environment. Helium-3 is a clean, non-radioactive energy source that could potentially power nuclear fusion reactors. Theoretically, a relatively small amount could produce enough clean fuel to power entire industries, if not the entire planet. It's for this reason that the Chinese have also announced plans to mine Helium-3 on the moon.

 

"Another draw is tapping water on the moon's surface. Hydrogen and oxygen can then be separated to create rocket fuel for deep-space missions to Mars and beyond. Essentially, the moon can serve as a fueling station for spacecraft."

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