Regulating the space economy is vital for America's continued global leadership

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'Advances in space technology, especially the advent of cheaper access to space thanks to a number of entrepreneurs (with strategic funding from the United States government, of course), have opened entirely new opportunities for U.S.' -James Dunstan

. The first problem is that we do not have a comprehensive regulatory approach to these activities. We’ve never had a National Space Act. The rules of the road have been cobbled together from various agency statutes, some with regulatory underpinnings that date back almost 150 years. The result is “gaps, overlaps, and stovepipes.”

“does not alter the fundamental details of a regulatory scheme in vague terms or ancillary provisions — it does not ... hide elephants in mouseholes,” the court ruled. The stakes are sky high ... pun fully intended. Space is inherently international, and if the United States does not provide a practical regulatory system that can quickly and economically authorize and supervise the activities of U.S. nationals in space in a relatively frictionless regulatory system, two things will happen. First, U.S.

1) Assign clear regulatory authority to an agency or small set of agencies with minimal gaps and overlaps;

 

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