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    Google space cadets’ foolish asteroid mining

    Mon, 04/30/2012 - 05:18 EDT - Financial Times (markets)

    Stellar break-even numbers make space mining a story of science fiction, writes Javier Blas

    • Original article
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      PASADENA, Calif. — Surrounded by engineers, NASA chief Charles Bolden inspected a prototype spacecraft engine that could power an audacious mission to lasso an asteroid and tow it closer to Earth for astronauts to explore. Bolden checked on the progress Thursday a month after the Obama administration unveiled its 2014 budget that proposes $105-million to jumpstart the mission, which may eventually cost more than $2.6-billion.

    • European Space Agency wants your ideas for staving off asteroid armageddon

      The European Space Agency doesn’t want us to all die in a fiery doomsday when an asteroid hits the Earth, so the inter-governmental organization wants your help developing a plan of action to stop the deadly armageddon. “ESA is appealing for research ideas to help guide the development of a US–European asteroid deflection mission now under study,” the agency said in a statement. The ESA’s best bet for getting rid of rogue asteroids? A “hypervelocity impact.”

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