Hon. Peter J. Beshar

speaker
139 appearances 1 recordings 1 series first heard Jul 2026 last heard 22 Jul

Hon. Peter J. Beshar’s voice in public audio — every appearance, attributed to the second.

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It is a potential treasure trove of crucial resources.
Water, ice is right up there.
Elemental oxygen, helium-3 gas.
And those resources can support two crucial activities.
One is the desire to really have a sustained human presence on the face of the moon, and so water being critical to that, but also rocket propellant, that if you can take oxygen and hydrogen and separate them through a process of electrolysis, you can effectively create a gas station on the face of the moon.
My, my, my.
So let's pivot to the extraction of resources.
And the OST, the Outer Space Treaty, does not address it overtly.
And that's hardly surprising.
As we were speaking, John, it's nearly 60 years old.
There were just a couple of spacefaring nations at the time.
There were no commercial actors in space.
And all of that has changed now.
I've seen data suggesting that there may be as many as 90 spacefaring nations now.
And the achievements and the innovations of the commercial space world have been extraordinary.
So what the United States has been doing, particularly over the past decade, is really trying to flesh out the broad principles of the Outer Space Treaty into operational norms of what might it actually mean to have different countries or others operating, say, a lunar depot, a mining depot on the face of the Earth.
And so a couple of those key measures that in 2015, the Congress passed the United States Commercial Space Launch Competitiveness Act.
And what that said is that if you're a U.S.
citizen and you engage in the exploration and attempted extraction of resources, you ought to get the benefit of those resources then to be able to possess them and potentially sell them.
Sure.
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