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Capitalistic Captain Kirks rejoice! Yesterday the US Commercial Space Launch Competitiveness Act soared through both congressional houses with vacuum-like ease. First and foremost, the bill protects private spaceflight from regulatory oversight, giving the industry up to 8 years to get its innovations in place before government overseers step in and start counting rivets. But more interesting (if less immediately applicable), the bill lets entrepreneurs keep whatever nonliving souvenirs they find out in the void, opening the door to everything from asteroid-based gold mines to comet-collected rocket fuel. The next step is President Obama’s desk, but he’s likely to sign.
originally posted by: lostbook
Basically, it's the Wild, Wild West but in outer space.