WEBVTT - Tim Marshall Reveals How Politics Will Expand Into the Final Frontier

0:00:03.120 --> 0:00:08.040
<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

0:00:14.800 --> 0:00:17.239
<v Speaker 2>Welcome to the City of London, the City of the

0:00:17.360 --> 0:00:24.320
<v Speaker 2>City of London. Please mind the gap between the and

0:00:25.520 --> 0:00:33.200
<v Speaker 2>the financial hearts of the country, the city, the City.

0:00:33.640 --> 0:00:39.360
<v Speaker 1>Welcome to in the City and clear of the doors.

0:00:39.479 --> 0:00:39.800
<v Speaker 2>Pease.

0:00:40.880 --> 0:00:43.640
<v Speaker 1>This is in the City, a podcast from Bloomberg about

0:00:43.640 --> 0:00:47.239
<v Speaker 1>the stories important to the City of London. I'm alegra Stratton.

0:00:47.880 --> 0:00:50.600
<v Speaker 1>It's that time of year. Streets around the Square Mile

0:00:50.680 --> 0:00:54.400
<v Speaker 1>are quieter as people are off on holiday breaks. Of course,

0:00:54.560 --> 0:00:57.960
<v Speaker 1>essential packing for any holiday is a good book. So

0:00:58.000 --> 0:01:00.840
<v Speaker 1>we're bringing you a summer reading list prepared by the

0:01:00.920 --> 0:01:05.959
<v Speaker 1>Voteronomics team. That's me alongside Bloomberg Opinions Adrian Woodridge and

0:01:06.040 --> 0:01:10.080
<v Speaker 1>Head of Government and Economics Stephanie Flanders. This week I

0:01:10.120 --> 0:01:13.680
<v Speaker 1>sit down with Tim Marshall. He's author of Prisoners of Geography,

0:01:13.800 --> 0:01:25.240
<v Speaker 1>The Power of Geography and the Future of Geography. Hello,

0:01:25.319 --> 0:01:29.280
<v Speaker 1>Votonomics listeners, It's Alegristratton and it is time for another

0:01:29.520 --> 0:01:33.759
<v Speaker 1>edition of our summer reading special. While Adrian, Stephanie and

0:01:33.800 --> 0:01:36.360
<v Speaker 1>I are off for a portion of the next month,

0:01:36.720 --> 0:01:39.120
<v Speaker 1>we thought it'd be good to offer up a useful

0:01:39.120 --> 0:01:42.880
<v Speaker 1>summer reading list. We each selected an author whose nonfiction

0:01:43.000 --> 0:01:46.039
<v Speaker 1>work we felt was relevant and informative on the state

0:01:46.080 --> 0:01:49.960
<v Speaker 1>of politics and economics right now. Last week Adrian spoke

0:01:50.000 --> 0:01:54.720
<v Speaker 1>with Freed Zakaria about his latest release, The Age of Revolutions.

0:01:55.040 --> 0:01:57.160
<v Speaker 1>It is a great listen, of course, so please check

0:01:57.200 --> 0:01:59.960
<v Speaker 1>it out if you haven't already. But this week I'm

0:02:00.040 --> 0:02:03.400
<v Speaker 1>bringing you a conversation with Tim Marshall. He is the

0:02:03.440 --> 0:02:06.840
<v Speaker 1>author of Prisoners of Geography The Power of Geography. You've

0:02:06.840 --> 0:02:09.920
<v Speaker 1>probably read both of those on previous summer holidays, but

0:02:09.960 --> 0:02:14.560
<v Speaker 1>now more recently The Future of Geography. Now this is

0:02:14.600 --> 0:02:18.640
<v Speaker 1>the addition where votonomics goes astronomic. When I'm not at Bloomberg,

0:02:18.880 --> 0:02:22.320
<v Speaker 1>I help run the UK's first spaceport, sax of Ord,

0:02:22.440 --> 0:02:25.400
<v Speaker 1>which is based in the Shetland Islands. What has been

0:02:25.440 --> 0:02:28.160
<v Speaker 1>striking to me week after week of recording Voteronomics with

0:02:28.200 --> 0:02:31.799
<v Speaker 1>Stephanie and Adrian is that all the dynamics of diplomacy

0:02:31.880 --> 0:02:34.919
<v Speaker 1>that we discuss can also be seen in the space domain.

0:02:35.600 --> 0:02:39.239
<v Speaker 1>Space has the capacity to impact voters' lives and boardrooms too,

0:02:39.639 --> 0:02:42.400
<v Speaker 1>But despite the best efforts of Elon Musk etal, it

0:02:42.520 --> 0:02:47.480
<v Speaker 1>still remains a weirdly liminal area, very far away from

0:02:47.560 --> 0:02:52.840
<v Speaker 1>mainstream discourse. So to help bring space into votonomics, I

0:02:52.960 --> 0:02:56.920
<v Speaker 1>wanted to bring in author and geographer broadcaster Tim Marshall,

0:02:56.960 --> 0:02:59.840
<v Speaker 1>who wrote the best selling Prisoners of Geography and a

0:03:00.080 --> 0:03:02.519
<v Speaker 1>number of other best sellers, and has now applied or

0:03:02.600 --> 0:03:05.760
<v Speaker 1>rather published a book last year applying his signature erudition

0:03:06.440 --> 0:03:08.000
<v Speaker 1>and wit to space.

0:03:08.120 --> 0:03:10.840
<v Speaker 2>Welcome Tim, very kind of you. Thank you.

0:03:10.919 --> 0:03:13.320
<v Speaker 1>I'm a big fan, always have been when you were

0:03:13.760 --> 0:03:16.840
<v Speaker 1>Sky News diplomatic editor, when I was at Newsnight.

0:03:16.760 --> 0:03:21.120
<v Speaker 2>That sort of thing. Yes, does it feel you did

0:03:21.120 --> 0:03:22.560
<v Speaker 2>the big brain stuff they did?

0:03:23.040 --> 0:03:25.120
<v Speaker 1>Cross though I was trying to remember there was a summit,

0:03:25.240 --> 0:03:27.959
<v Speaker 1>wasn't there where I think we both raised eyebrows and

0:03:28.000 --> 0:03:30.840
<v Speaker 1>had our head in our hands at some point. Look, Tim,

0:03:30.960 --> 0:03:34.200
<v Speaker 1>in your book you are clear that we are now,

0:03:34.240 --> 0:03:37.320
<v Speaker 1>to quote you, we're now in the era of astropolitics.

0:03:37.760 --> 0:03:38.680
<v Speaker 1>Tell us what that means.

0:03:39.280 --> 0:03:44.360
<v Speaker 2>Astropolitics is when geopolitics moves out into space. Geopolitics is

0:03:44.360 --> 0:03:51.440
<v Speaker 2>where you look at resources, populations, people, well everything really

0:03:52.200 --> 0:03:55.720
<v Speaker 2>and there is a geography to space which is not

0:03:56.320 --> 0:04:00.480
<v Speaker 2>properly explained usually, and that geography does inform part of

0:04:00.480 --> 0:04:04.480
<v Speaker 2>the decision making that the big countries and indeed companies

0:04:04.560 --> 0:04:07.800
<v Speaker 2>make and so we're now deep, I would say, into

0:04:07.840 --> 0:04:11.120
<v Speaker 2>the era of astropolitics and also what I would call

0:04:11.480 --> 0:04:15.480
<v Speaker 2>space race two point zero, because there are many similarities

0:04:15.520 --> 0:04:18.600
<v Speaker 2>with the sixties and seventies, but there are also major differences.

0:04:19.080 --> 0:04:22.200
<v Speaker 2>They are well, in those days, there were no such

0:04:22.240 --> 0:04:26.039
<v Speaker 2>things as lasers. There were no commercial companies in space.

0:04:27.480 --> 0:04:31.040
<v Speaker 2>We weren't shooting basically things of the size of fridge

0:04:31.040 --> 0:04:34.120
<v Speaker 2>freezers asteroids to see if we can deflect them. We

0:04:34.240 --> 0:04:38.400
<v Speaker 2>never dreamt of mining the Moon, and the commercial aspects

0:04:38.440 --> 0:04:42.479
<v Speaker 2>of it were I wouldn't say peripheral. I mean, you know,

0:04:42.600 --> 0:04:45.839
<v Speaker 2>Boeing and Lockheed Martin. Of course they always had a

0:04:45.880 --> 0:04:50.000
<v Speaker 2>relationship with NASA. But one of the biggest differences in

0:04:50.040 --> 0:04:52.120
<v Speaker 2>space race two point now is just how front and

0:04:52.240 --> 0:04:56.200
<v Speaker 2>center commercial companies are. And I don't just mean Elon Musk.

0:04:56.520 --> 0:05:00.479
<v Speaker 2>You know, there's a raft of companies who are pumping

0:05:00.560 --> 0:05:03.320
<v Speaker 2>billions of you know, it's a billion, more than billions

0:05:03.320 --> 0:05:07.600
<v Speaker 2>of dollars industry, and it's growing rapidly. It's a very

0:05:07.720 --> 0:05:10.880
<v Speaker 2>high risk industry in many ways. So you know, it

0:05:11.000 --> 0:05:13.560
<v Speaker 2>is different to the first iteration.

0:05:14.040 --> 0:05:17.719
<v Speaker 1>So Tim, let's talk about low Earth orbit, which people

0:05:17.760 --> 0:05:21.120
<v Speaker 1>call LEO for short. There's lots of definitions for it,

0:05:21.160 --> 0:05:25.360
<v Speaker 1>aren't there, But essentially it's anything under a thousand kilometers up.

0:05:25.720 --> 0:05:28.440
<v Speaker 2>This is another problem. You know I mentioned earlier about

0:05:28.600 --> 0:05:31.919
<v Speaker 2>the differences between space race and space rates two point oh.

0:05:32.040 --> 0:05:35.039
<v Speaker 2>Another problem is we don't have the legislation or even

0:05:35.080 --> 0:05:38.200
<v Speaker 2>the guidelines for space rates two point zero because the

0:05:38.240 --> 0:05:41.280
<v Speaker 2>space regulations and guidelines were written in the nineteen sixties.

0:05:41.400 --> 0:05:43.520
<v Speaker 2>Out of Space treat is nineteen sixty seven, and we

0:05:43.600 --> 0:05:46.880
<v Speaker 2>can't even agree exactly where space starts. But you asked

0:05:46.920 --> 0:05:50.080
<v Speaker 2>me about LEO. It's very worrying talking to someone who

0:05:50.200 --> 0:05:52.720
<v Speaker 2>really knows more than you do about this. I had

0:05:52.720 --> 0:05:56.760
<v Speaker 2>no idea in the Scottish the same time, the Scottish

0:05:56.839 --> 0:06:00.600
<v Speaker 2>version of Cape Canaveral low Earth orbit is where a

0:06:00.680 --> 0:06:03.719
<v Speaker 2>vast majority of the satellites are. There are about eight

0:06:03.720 --> 0:06:07.560
<v Speaker 2>and a half thousand working satellites, about three thousand defunct satellites,

0:06:08.200 --> 0:06:10.760
<v Speaker 2>which is a lot. And you know, my generation grown

0:06:10.839 --> 0:06:12.560
<v Speaker 2>up in the sixties and seventies, there were only really

0:06:12.600 --> 0:06:15.200
<v Speaker 2>two space powers at the two people who really had

0:06:16.000 --> 0:06:19.200
<v Speaker 2>a presence in space that we're all aware of. There's

0:06:19.240 --> 0:06:23.000
<v Speaker 2>eighty countries in space now, and I know there's a

0:06:23.040 --> 0:06:26.000
<v Speaker 2>lot of space up there, but it is getting crowded.

0:06:26.680 --> 0:06:30.000
<v Speaker 2>And the conservative estimates are that there will be at

0:06:30.080 --> 0:06:34.160
<v Speaker 2>least thirty thousand satellites by the end of this decade.

0:06:34.240 --> 0:06:37.600
<v Speaker 2>That's a conservative estimate. The Chinese will probably put up

0:06:37.800 --> 0:06:41.240
<v Speaker 2>twenty thousand, musc will put up ten thousand, and that's

0:06:41.320 --> 0:06:45.400
<v Speaker 2>just two examples. And although the satellites are getting smaller

0:06:45.440 --> 0:06:47.400
<v Speaker 2>and smaller, some of them the size of a Rubik's

0:06:47.400 --> 0:06:52.240
<v Speaker 2>cube CubeSats as they're known, it's getting crowded, it's getting competitive.

0:06:52.520 --> 0:06:55.040
<v Speaker 2>He said in the introduction about how you know it's

0:06:55.080 --> 0:06:57.760
<v Speaker 2>pretty sort of out there and not part of our lives,

0:06:58.160 --> 0:06:59.920
<v Speaker 2>And it's true we don't think about them, but it's

0:07:00.200 --> 0:07:04.479
<v Speaker 2>absolutely integral to all of our lives. Every time you

0:07:04.560 --> 0:07:07.760
<v Speaker 2>put petrol in a car, every time you get on

0:07:07.800 --> 0:07:11.240
<v Speaker 2>a plane, every time you do a bank transaction, and

0:07:11.840 --> 0:07:15.160
<v Speaker 2>thousands of other examples, they are connected to space. And

0:07:15.200 --> 0:07:16.240
<v Speaker 2>it's a growing industry.

0:07:16.480 --> 0:07:20.040
<v Speaker 1>You've summarized the companies and the money to be made,

0:07:20.120 --> 0:07:22.400
<v Speaker 1>the big business that is being made out of satellites

0:07:22.520 --> 0:07:25.640
<v Speaker 1>up up in space right now. But you also alluded

0:07:25.680 --> 0:07:28.720
<v Speaker 1>to if We've got thirty thousand satellites going up in

0:07:28.760 --> 0:07:31.400
<v Speaker 1>the near future. Twenty thousand of those will be Chinese,

0:07:31.400 --> 0:07:34.120
<v Speaker 1>and then some of those will be musk and American.

0:07:34.800 --> 0:07:37.320
<v Speaker 1>Right there, in that sentence, you've given us the kind

0:07:37.320 --> 0:07:43.640
<v Speaker 1>of great game of Earth transposed to space. Just talk

0:07:43.720 --> 0:07:47.000
<v Speaker 1>us through and this is, I think probably what your astropolitics.

0:07:46.240 --> 0:07:46.920
<v Speaker 2>Is all about. Us.

0:07:46.960 --> 0:07:50.760
<v Speaker 1>Talk us through how geopolitics is playing out right now.

0:07:51.440 --> 0:07:55.160
<v Speaker 2>Go back to the beginning of the last century when

0:07:55.200 --> 0:07:58.600
<v Speaker 2>everyone realized that oil was going to replace coal in

0:07:58.600 --> 0:08:02.880
<v Speaker 2>the military terms terms. You would not find a major

0:08:02.920 --> 0:08:06.960
<v Speaker 2>company or country that when a massive oil discovery was made, said,

0:08:07.320 --> 0:08:09.679
<v Speaker 2>you know what, we won't bother. We're not sure about

0:08:09.680 --> 0:08:12.200
<v Speaker 2>this one. They had to go. They had to compete.

0:08:12.240 --> 0:08:15.800
<v Speaker 2>And it's the same and so you cannot leave this

0:08:17.000 --> 0:08:21.840
<v Speaker 2>newish domain to your rivals, whether it's the satellite industry,

0:08:22.600 --> 0:08:27.400
<v Speaker 2>whether it's experiments, scientific experiments in space, or the big

0:08:27.440 --> 0:08:31.400
<v Speaker 2>one and the most difficult at the moment, mining space

0:08:31.520 --> 0:08:35.040
<v Speaker 2>for the very minerals that we need for renewable energy

0:08:35.080 --> 0:08:38.760
<v Speaker 2>here on Earth, which of course is a very finite resource.

0:08:39.440 --> 0:08:42.200
<v Speaker 2>And so the great powers and the big companies are

0:08:42.200 --> 0:08:45.959
<v Speaker 2>competing against each other now Obviously the American companies are

0:08:46.000 --> 0:08:49.920
<v Speaker 2>in bed with the American space companies, and ditto the

0:08:50.000 --> 0:08:54.280
<v Speaker 2>other side of the Chinese and the Russians. But if

0:08:54.280 --> 0:08:56.840
<v Speaker 2>you look in broadbrush terms, there is a block going

0:08:56.920 --> 0:08:59.720
<v Speaker 2>up led by the Americans via the Artemis ac Cords,

0:09:00.000 --> 0:09:02.760
<v Speaker 2>forty two countries have signed on. And then there is

0:09:02.760 --> 0:09:05.440
<v Speaker 2>a block going up led by China which is the

0:09:05.600 --> 0:09:09.760
<v Speaker 2>senior partner, with Russia as its junior partner, played Iran

0:09:09.960 --> 0:09:14.000
<v Speaker 2>and North Korea clutching onto their coattails. And that is

0:09:14.080 --> 0:09:19.560
<v Speaker 2>exactly the two blocks that we see dominating the global

0:09:19.600 --> 0:09:23.400
<v Speaker 2>picture on Earth. It is absolutely mirrored with what's going

0:09:23.440 --> 0:09:24.040
<v Speaker 2>on in space.

0:09:24.640 --> 0:09:28.000
<v Speaker 1>And then there was great excitement because the Europeans put

0:09:28.080 --> 0:09:33.360
<v Speaker 1>up Arian six listeners can't see, but has just smiled

0:09:33.520 --> 0:09:36.480
<v Speaker 1>on the camera that I'm talking to him on. So

0:09:37.080 --> 0:09:39.760
<v Speaker 1>what's the impact going to be of for the first

0:09:39.800 --> 0:09:43.200
<v Speaker 1>time in a wild Europeans returning to be able to launch.

0:09:43.960 --> 0:09:46.920
<v Speaker 2>It's positive if you believe that this a is our

0:09:47.000 --> 0:09:52.320
<v Speaker 2>future and b on balance or adventures in space are

0:09:52.360 --> 0:09:54.120
<v Speaker 2>a good thing. And I do fall down on that

0:09:54.160 --> 0:09:58.120
<v Speaker 2>side of the argument. The Europeans in the shape of

0:09:58.160 --> 0:10:02.640
<v Speaker 2>the ESA European Space Agency, but also in the individual countries.

0:10:03.120 --> 0:10:06.360
<v Speaker 2>The UK is a major space player in the second tier,

0:10:06.760 --> 0:10:09.640
<v Speaker 2>the EU in the second tier, which is folded into

0:10:09.679 --> 0:10:13.560
<v Speaker 2>the ESA. Germany I think you could argue was the

0:10:13.600 --> 0:10:17.720
<v Speaker 2>second tier of space power of France, definitely, Italy definitely,

0:10:18.040 --> 0:10:21.640
<v Speaker 2>along with people like the UAE, Japan and Israel. So

0:10:21.760 --> 0:10:25.640
<v Speaker 2>these second tier companies they can't do what the Americans

0:10:25.679 --> 0:10:30.120
<v Speaker 2>and the Chinese do, mostly because of budget constraints. But

0:10:30.840 --> 0:10:35.280
<v Speaker 2>the French, by launching out of French Guiana that rocket

0:10:35.800 --> 0:10:38.360
<v Speaker 2>have sort of nailed their colors to the mass that

0:10:38.440 --> 0:10:41.160
<v Speaker 2>you know, we're not going to get left behind. I mean,

0:10:41.520 --> 0:10:44.640
<v Speaker 2>the Europeans accept they can't match the Big two or

0:10:44.679 --> 0:10:47.080
<v Speaker 2>the Big three actually because Russia's in the top tier

0:10:47.120 --> 0:10:50.000
<v Speaker 2>as well. But it is a statement of intent and

0:10:50.040 --> 0:10:51.680
<v Speaker 2>the Europeans really are a player.

0:10:51.920 --> 0:10:54.360
<v Speaker 1>But this matters, doesn't it. It's not just sort of

0:10:54.880 --> 0:10:57.360
<v Speaker 1>the Europeans showing that they have the toys too. It

0:10:57.440 --> 0:11:00.440
<v Speaker 1>is the Europeans showing that they have the axis, the

0:11:00.480 --> 0:11:02.640
<v Speaker 1>ability to get to space, so that means that they

0:11:02.640 --> 0:11:09.079
<v Speaker 1>can access their lucative, important vital infrastructure relying on satellite systems.

0:11:09.520 --> 0:11:12.960
<v Speaker 1>So in the event that they cannot at some point

0:11:13.160 --> 0:11:14.280
<v Speaker 1>ask the Americans to do it.

0:11:14.760 --> 0:11:20.360
<v Speaker 2>Yeah, I mean, there's many historical echoes there. Because one

0:11:20.400 --> 0:11:24.199
<v Speaker 2>of the reasons the French really ventured out on their own,

0:11:24.280 --> 0:11:27.839
<v Speaker 2>I mean, there's a whole bunch, including the Foster Frapp.

0:11:27.880 --> 0:11:31.880
<v Speaker 2>Then their independent nuclear capabilities is that. And this goes

0:11:31.880 --> 0:11:34.400
<v Speaker 2>all the way back to the seventies when there was

0:11:34.440 --> 0:11:36.600
<v Speaker 2>a coup in one of the North African countries that

0:11:37.400 --> 0:11:41.959
<v Speaker 2>France takes a great interest in still and they were

0:11:42.000 --> 0:11:45.200
<v Speaker 2>invited to intervene on the basis of some American satellite

0:11:45.240 --> 0:11:48.200
<v Speaker 2>information and they just didn't trust it. And it is

0:11:48.400 --> 0:11:51.840
<v Speaker 2>murky whether the Americans sort of fed them the best

0:11:51.880 --> 0:11:54.959
<v Speaker 2>bits of the satellite information to try to drag them

0:11:55.000 --> 0:11:57.920
<v Speaker 2>into taking some action in the African country. And this

0:11:58.000 --> 0:12:00.560
<v Speaker 2>was one of the triggers. France thought, we need our

0:12:00.600 --> 0:12:03.840
<v Speaker 2>own independent eyes on via the satellite. I mean, this

0:12:03.880 --> 0:12:07.040
<v Speaker 2>is the military aspect of it, and off they went with,

0:12:07.120 --> 0:12:10.040
<v Speaker 2>you know, as well as their independent nuclear force. They

0:12:10.080 --> 0:12:13.560
<v Speaker 2>needed their independent satellites because they do not wish to

0:12:13.600 --> 0:12:17.440
<v Speaker 2>be reliant upon the United States as so many Western

0:12:17.480 --> 0:12:20.000
<v Speaker 2>countries are. So that's the sort of genesis of that

0:12:20.120 --> 0:12:23.760
<v Speaker 2>and it continues to this day. And of course there's

0:12:23.760 --> 0:12:27.520
<v Speaker 2>the commercial aspects to that. You don't want to be

0:12:27.559 --> 0:12:34.760
<v Speaker 2>reliant upon American technology when your own industry, you know,

0:12:35.080 --> 0:12:37.640
<v Speaker 2>will be harmed by that. I mean we're seeing a

0:12:37.640 --> 0:12:40.679
<v Speaker 2>little bit of this at the moment in the defense industry.

0:12:41.240 --> 0:12:45.640
<v Speaker 2>The new Labor government is very keen to forge links

0:12:45.679 --> 0:12:48.040
<v Speaker 2>back with the EU countries and actually get a place

0:12:48.080 --> 0:12:51.440
<v Speaker 2>around the table and talking about the European defense industry.

0:12:51.480 --> 0:12:53.080
<v Speaker 2>I'm not talking about you know, how many soldiers you

0:12:53.120 --> 0:12:57.120
<v Speaker 2>have armaments, And it's the French that is leading the

0:12:57.200 --> 0:12:59.960
<v Speaker 2>fight back within the EU saying, hang on a minute,

0:13:00.440 --> 0:13:02.559
<v Speaker 2>do we want to let Britain into the decision making

0:13:02.600 --> 0:13:05.119
<v Speaker 2>process when it's not in the EU of the European

0:13:05.520 --> 0:13:08.640
<v Speaker 2>defense arms industry. So I've gone off a bit of

0:13:08.640 --> 0:13:10.880
<v Speaker 2>a tangent, but it is related back to why the

0:13:10.920 --> 0:13:12.439
<v Speaker 2>French insist on that.

0:13:13.520 --> 0:13:15.800
<v Speaker 1>But it's central to what we're looking at right here,

0:13:15.840 --> 0:13:20.440
<v Speaker 1>which is that these are terrestrial geopolitical tussles and relationships

0:13:20.440 --> 0:13:23.760
<v Speaker 1>that are sort of having an amplified or expression in

0:13:24.360 --> 0:13:25.439
<v Speaker 1>the space domain.

0:13:25.480 --> 0:13:28.160
<v Speaker 2>Of your sovereignty in a way, and that will go

0:13:28.240 --> 0:13:30.960
<v Speaker 2>even further on the moon. About sovereignty on the moon,

0:13:31.000 --> 0:13:33.079
<v Speaker 2>I mean, nobody's going to use that word and say

0:13:33.160 --> 0:13:38.480
<v Speaker 2>we have sovereign rights. But they will certainly stake their claims,

0:13:39.160 --> 0:13:40.720
<v Speaker 2>they just won't use the word sovereignty.

0:13:40.880 --> 0:13:42.640
<v Speaker 1>Let's come on to the moon in a second, which

0:13:42.679 --> 0:13:45.199
<v Speaker 1>is a sentence you don't often utter.

0:13:46.320 --> 0:13:49.640
<v Speaker 2>Well, not for about about fifty years in fact, A.

0:13:50.200 --> 0:13:53.400
<v Speaker 1>The suggestion we could saunter onto the moon, but b

0:13:53.720 --> 0:13:55.719
<v Speaker 1>just the sentence, let's move on to the subject, that

0:13:55.800 --> 0:13:58.439
<v Speaker 1>is the moon. That's not something I have said often

0:13:58.440 --> 0:14:01.240
<v Speaker 1>in my journalistic career. But before we do, just switching

0:14:01.240 --> 0:14:04.600
<v Speaker 1>focus slightly, which is Elon Musk. Starlink was critical in

0:14:05.120 --> 0:14:08.720
<v Speaker 1>supporting Ukraine and giving it access to the Internet and

0:14:08.880 --> 0:14:14.000
<v Speaker 1>the rest during Russia's invasion. Clearly that was benign and

0:14:14.360 --> 0:14:18.319
<v Speaker 1>something to be celebrated. But is there any queasiness around

0:14:18.400 --> 0:14:20.800
<v Speaker 1>the idea that it is a private company that has

0:14:20.840 --> 0:14:25.640
<v Speaker 1>that kind of power and you know, at some point

0:14:25.680 --> 0:14:27.840
<v Speaker 1>which is not yet on the horizon, but at some

0:14:27.880 --> 0:14:29.680
<v Speaker 1>point they can turn it on and they can turn

0:14:29.680 --> 0:14:30.040
<v Speaker 1>it off.

0:14:30.680 --> 0:14:33.960
<v Speaker 2>I'll accept your use of the word benign. In the

0:14:34.040 --> 0:14:39.200
<v Speaker 2>original effort by Musk, he sent the Starlink terminals into

0:14:39.360 --> 0:14:43.120
<v Speaker 2>the Urpan region, thousands of thousands of them to link

0:14:43.160 --> 0:14:46.480
<v Speaker 2>to his Starlight satellite system to deliver the Internet to them,

0:14:46.480 --> 0:14:48.960
<v Speaker 2>and that was benign. Then it was good. But of

0:14:49.080 --> 0:14:52.200
<v Speaker 2>course the Ukrainian military jumped on it and used it

0:14:52.240 --> 0:14:55.080
<v Speaker 2>to target Russian soldiers and kill them. It was inevitable.

0:14:55.600 --> 0:14:58.240
<v Speaker 2>So I put it to you, members of the jury,

0:14:58.640 --> 0:15:02.720
<v Speaker 2>does that make starlink legitimate military target for Russians to

0:15:02.800 --> 0:15:08.360
<v Speaker 2>fire upon? Discuss? Because I referred earlier to the treaties

0:15:08.360 --> 0:15:10.840
<v Speaker 2>of the CIS sixties. They out of Space treat in

0:15:10.920 --> 0:15:14.600
<v Speaker 2>nineteen sixty seven doesn't cover this because you couldn't do

0:15:14.640 --> 0:15:17.000
<v Speaker 2>anything in those days, whereas now you can fire a

0:15:17.000 --> 0:15:19.200
<v Speaker 2>ballistic missile from the surface of the Earth and you

0:15:19.200 --> 0:15:20.960
<v Speaker 2>can hit a satellite and knock it out. That has

0:15:21.000 --> 0:15:25.120
<v Speaker 2>been done to test by four countries Russia, USA, India, China.

0:15:25.280 --> 0:15:29.280
<v Speaker 2>They haven't done that this time. You can spoof the satellites,

0:15:29.320 --> 0:15:32.720
<v Speaker 2>you send up packets of information which can fuse the chipboard,

0:15:32.960 --> 0:15:35.600
<v Speaker 2>put them out of action perhaps, and you can dazzle them.

0:15:35.640 --> 0:15:38.760
<v Speaker 2>You send up direct energy beam so much light floods

0:15:38.760 --> 0:15:41.920
<v Speaker 2>into it it blinds the camera. And those last two

0:15:41.920 --> 0:15:44.440
<v Speaker 2>the Russians have been doing. They have been taking military

0:15:44.480 --> 0:15:48.000
<v Speaker 2>action against an American company in space because it has

0:15:48.040 --> 0:15:50.920
<v Speaker 2>been used by their Ukrainian foes on the ground. This

0:15:50.960 --> 0:15:53.960
<v Speaker 2>is new territory and we don't have the rules and

0:15:54.000 --> 0:15:59.680
<v Speaker 2>regulations required because it's hardly going to stop there. We

0:15:59.800 --> 0:16:02.600
<v Speaker 2>now have weapon direct energy weapons that can knock drones

0:16:02.640 --> 0:16:05.560
<v Speaker 2>out at a range of about seven kilometers. The Americans

0:16:05.600 --> 0:16:07.360
<v Speaker 2>have perfected them, the Brits have got them, so you

0:16:07.400 --> 0:16:10.480
<v Speaker 2>can find it fired a laser beam at a drone

0:16:11.000 --> 0:16:14.160
<v Speaker 2>several kilometers away, knocking out the sky. What happens if

0:16:14.160 --> 0:16:16.600
<v Speaker 2>somebody sticks one of those on a satellite in order

0:16:16.640 --> 0:16:20.640
<v Speaker 2>to target other satellites. The moment one country does, every

0:16:20.720 --> 0:16:27.080
<v Speaker 2>country will have them. So we urgently need I hesitate

0:16:27.120 --> 0:16:31.520
<v Speaker 2>to say laws because international law is an oxymoron sometimes,

0:16:31.560 --> 0:16:33.160
<v Speaker 2>but we definitely need guidelines.

0:16:33.960 --> 0:16:35.600
<v Speaker 1>Any prospects of those coming.

0:16:35.840 --> 0:16:39.880
<v Speaker 2>No, everyone knows we need them. Everyone suspects they will

0:16:39.880 --> 0:16:44.080
<v Speaker 2>eventually come. Go back to the early days of the

0:16:44.200 --> 0:16:47.440
<v Speaker 2>nuclear race, when the Americans had the bomb, the Russians

0:16:47.480 --> 0:16:49.720
<v Speaker 2>got the bomb, and the immediate response was both sides

0:16:49.720 --> 0:16:51.320
<v Speaker 2>built more and more and more of them until they

0:16:51.360 --> 0:16:53.320
<v Speaker 2>had tens of thousands of warheads. And then at that

0:16:53.360 --> 0:16:55.760
<v Speaker 2>point they thought, we really need to talk to each

0:16:55.760 --> 0:16:57.760
<v Speaker 2>other about this, and I think that will be the

0:16:57.800 --> 0:17:01.600
<v Speaker 2>case in space. There is arms race going on in space.

0:17:02.040 --> 0:17:05.119
<v Speaker 2>Many countries now have space commands. China got the first,

0:17:05.160 --> 0:17:09.440
<v Speaker 2>Trump introduced to the second. UK has one, France, Germany, India,

0:17:09.720 --> 0:17:14.000
<v Speaker 2>et cetera. These space forces and so it is inevitable.

0:17:14.000 --> 0:17:16.920
<v Speaker 2>But I think we're going to go through this period

0:17:17.240 --> 0:17:20.680
<v Speaker 2>of X years before we realize how dangerous it's got

0:17:20.760 --> 0:17:22.560
<v Speaker 2>because and then we realize, hang on a minute, all

0:17:22.600 --> 0:17:27.040
<v Speaker 2>these satellites are integral to the world economy. You know.

0:17:27.240 --> 0:17:29.720
<v Speaker 2>The last thing we need is people knocking into them

0:17:29.800 --> 0:17:32.280
<v Speaker 2>or firing at them. And then we will have treaties.

0:17:32.880 --> 0:17:36.000
<v Speaker 2>And the people are working on the texts already, but

0:17:36.760 --> 0:17:41.080
<v Speaker 2>hasn't percolated to the senior levels of industry and politics.

0:17:41.400 --> 0:17:42.400
<v Speaker 2>The urgency of it.

0:17:42.680 --> 0:17:46.520
<v Speaker 1>You just mentioned Donald Trump yourself. What does President Trump

0:17:46.680 --> 0:17:48.680
<v Speaker 1>two point zero mean for the space race.

0:17:48.920 --> 0:17:51.560
<v Speaker 2>It's difficult, isn't it, Because it all comes down to budgets.

0:17:51.800 --> 0:17:53.679
<v Speaker 2>The budgets are actually smaller than they used to be.

0:17:53.920 --> 0:17:57.080
<v Speaker 2>People think you might spend spending, countries are spending more

0:17:57.240 --> 0:17:59.800
<v Speaker 2>in real terms. They're not the USA for the space

0:18:00.200 --> 0:18:02.240
<v Speaker 2>which was part of a war, the Cold War. You know,

0:18:02.280 --> 0:18:04.000
<v Speaker 2>they had to win that as part of winning the

0:18:04.000 --> 0:18:06.399
<v Speaker 2>Cold War. I think it was zero point five percent

0:18:06.440 --> 0:18:09.360
<v Speaker 2>of GDP well, and I think the budget now at

0:18:09.359 --> 0:18:12.840
<v Speaker 2>state level is zero point three percent roughly of GDP.

0:18:13.480 --> 0:18:16.480
<v Speaker 2>So it was Trump that introduced space force amid much mirth,

0:18:17.000 --> 0:18:20.400
<v Speaker 2>which you know, for me, I'm not a supporter of him,

0:18:20.400 --> 0:18:25.600
<v Speaker 2>but when when you use something like that to make

0:18:25.640 --> 0:18:28.680
<v Speaker 2>fun of him, it betrays that you're not understanding him.

0:18:29.880 --> 0:18:31.560
<v Speaker 2>He too, is he trying to laugh at him? And

0:18:31.720 --> 0:18:34.359
<v Speaker 2>it's an issue that has been gone on for years now.

0:18:34.920 --> 0:18:39.760
<v Speaker 2>So he realized space force good idea in the context

0:18:39.800 --> 0:18:41.840
<v Speaker 2>of China's got one. Everyone's going to have them. We

0:18:41.920 --> 0:18:45.080
<v Speaker 2>need to up the game. Trump is aware of how

0:18:45.119 --> 0:18:48.800
<v Speaker 2>much the Chinese are spending on space and doesn't want

0:18:48.800 --> 0:18:49.600
<v Speaker 2>to get left behind.

0:18:50.080 --> 0:18:53.040
<v Speaker 1>But Musk helps him. I mean, Musk has helped him

0:18:53.080 --> 0:18:55.399
<v Speaker 1>in a number of ways in the In the last

0:18:56.680 --> 0:19:00.920
<v Speaker 1>he'll make the case, yeah, indeed, but Musk helps him

0:19:01.080 --> 0:19:04.119
<v Speaker 1>in that his company space x is doing a lot

0:19:04.119 --> 0:19:06.520
<v Speaker 1>of the heavy lifting, and they've got billions and billions

0:19:06.520 --> 0:19:09.840
<v Speaker 1>of pounds of US funding. So it's a kind of

0:19:10.080 --> 0:19:12.600
<v Speaker 1>you know, an ecosystem where the one is scratching the

0:19:12.600 --> 0:19:16.040
<v Speaker 1>back of the other and assisting the space effort.

0:19:16.520 --> 0:19:19.439
<v Speaker 2>It is and just as you'll know the I think

0:19:19.480 --> 0:19:23.480
<v Speaker 2>it's something like ninety percent of the US budget that

0:19:23.560 --> 0:19:27.080
<v Speaker 2>goes on armaments for Ukraine is spent in the United

0:19:27.080 --> 0:19:31.160
<v Speaker 2>States first building them. You know, it is very beneficial

0:19:31.560 --> 0:19:34.760
<v Speaker 2>to American industry. But it's a similar argument when it

0:19:34.760 --> 0:19:37.680
<v Speaker 2>comes to space. And yes, Musk has his ear because

0:19:37.720 --> 0:19:40.199
<v Speaker 2>he's such a big player in the space industry. But

0:19:40.280 --> 0:19:42.040
<v Speaker 2>also a lot of the things we've been talking about

0:19:42.119 --> 0:19:45.239
<v Speaker 2>come together here space MAS two point zero and the

0:19:45.280 --> 0:19:50.919
<v Speaker 2>centrality of private enterprise because, as I said, Boeing, Lockheed Martin,

0:19:51.040 --> 0:19:53.600
<v Speaker 2>many other companies, yet NASA went to them and said

0:19:53.640 --> 0:19:56.080
<v Speaker 2>can you build me that widget or that, But it

0:19:56.160 --> 0:20:01.160
<v Speaker 2>was very much a government driven It's now a rough

0:20:01.200 --> 0:20:04.840
<v Speaker 2>percentage fifty percent is private enterprise. And that's the same

0:20:04.880 --> 0:20:08.640
<v Speaker 2>in China, although all companies are essentially controlled by the CCP,

0:20:08.840 --> 0:20:12.200
<v Speaker 2>but there's a lot of startups there. So private enterprise

0:20:12.240 --> 0:20:15.639
<v Speaker 2>in America is a major, major part of this. Private

0:20:15.720 --> 0:20:18.840
<v Speaker 2>enterprise across the world is a major part of this.

0:20:19.359 --> 0:20:24.000
<v Speaker 1>I just wonder whether governments have had the conversation with

0:20:24.119 --> 0:20:27.520
<v Speaker 1>the electorate about everything we've just been discussing. The role

0:20:27.560 --> 0:20:30.760
<v Speaker 1>that it plays in people's lives. The centrality the you

0:20:30.760 --> 0:20:34.400
<v Speaker 1>know it is, if any of these satellites were taken down,

0:20:34.480 --> 0:20:38.400
<v Speaker 1>it's many billions of pounds of economic damage per day, right,

0:20:38.480 --> 0:20:40.960
<v Speaker 1>and so in order to make sure that they are

0:20:41.040 --> 0:20:43.879
<v Speaker 1>safe and protected and so on, they probably will in

0:20:43.920 --> 0:20:47.000
<v Speaker 1>these years ahead need to be greater money spent on them.

0:20:47.000 --> 0:20:50.639
<v Speaker 1>So I wonder, given we'd never have that conversation whether

0:20:50.680 --> 0:20:52.679
<v Speaker 1>it's a sort of going to be a shock to

0:20:52.840 --> 0:20:55.440
<v Speaker 1>prime ministers and their you know chances and so on,

0:20:55.520 --> 0:20:59.800
<v Speaker 1>when the economic impact of them being vulnerable is fully

0:20:59.840 --> 0:21:03.280
<v Speaker 1>on stood. It's very striking in your book that passage

0:21:03.280 --> 0:21:06.320
<v Speaker 1>where you talk about how once America had put a

0:21:06.359 --> 0:21:09.520
<v Speaker 1>man on the moon, not long after they can the

0:21:09.560 --> 0:21:12.320
<v Speaker 1>funding for it. Because once you've done the kind of

0:21:12.359 --> 0:21:16.320
<v Speaker 1>TV gold and the historic moment, you know, we're in

0:21:16.320 --> 0:21:18.040
<v Speaker 1>a different ear now, and so there is there is

0:21:18.080 --> 0:21:20.360
<v Speaker 1>plenty more to do. But at the time they made

0:21:20.359 --> 0:21:22.920
<v Speaker 1>a different decision. They made a decision that there were

0:21:23.080 --> 0:21:25.960
<v Speaker 1>you know, terrestrial policy programs they wanted to put that

0:21:26.040 --> 0:21:26.760
<v Speaker 1>money into.

0:21:27.160 --> 0:21:31.280
<v Speaker 2>That I think would be relatively easy if you came

0:21:31.359 --> 0:21:34.440
<v Speaker 2>to the military side of it. People kind of understand

0:21:34.920 --> 0:21:40.200
<v Speaker 2>that protecting satellites from debris by cleaning up space, which

0:21:40.240 --> 0:21:43.240
<v Speaker 2>is a huge, huge issue. I thought war was going

0:21:43.280 --> 0:21:46.400
<v Speaker 2>to be the biggest issue, and then the experts explained

0:21:46.400 --> 0:21:48.040
<v Speaker 2>to me that what keeps them awake at night is

0:21:48.080 --> 0:21:51.440
<v Speaker 2>debris because in case the systems go down and as

0:21:51.480 --> 0:21:53.280
<v Speaker 2>you said, cost economy is billion.

0:21:53.280 --> 0:21:55.720
<v Speaker 1>And this is just to explain, this is just all

0:21:55.840 --> 0:21:59.399
<v Speaker 1>bits of old satellite and junk from stations and so

0:21:59.480 --> 0:22:03.400
<v Speaker 1>on flying through space and knocking out satellite.

0:22:03.119 --> 0:22:05.520
<v Speaker 2>Which they're knocks out to satellite, which then knocks out

0:22:05.520 --> 0:22:08.880
<v Speaker 2>of satellite, etc. Yeah, it's in the film gravity, which

0:22:08.880 --> 0:22:12.920
<v Speaker 2>they nicked off the Kessler syndrome, which was the sort

0:22:12.960 --> 0:22:15.199
<v Speaker 2>of worst case scenario where they all crash into each

0:22:15.240 --> 0:22:17.560
<v Speaker 2>other in the world economy collapses and goes dark. So

0:22:17.600 --> 0:22:20.879
<v Speaker 2>I think you can make those cases. It gets harder

0:22:21.000 --> 0:22:24.600
<v Speaker 2>when you just talk about exploration. You know, why are

0:22:24.680 --> 0:22:27.720
<v Speaker 2>you cutting budgets here so we can go and explore there.

0:22:27.760 --> 0:22:32.600
<v Speaker 2>That's much harder. But I think as we gradually become

0:22:32.640 --> 0:22:34.960
<v Speaker 2>more and more aware of how important space is to

0:22:35.040 --> 0:22:38.960
<v Speaker 2>our economic livelihoods, and also if you can make the

0:22:39.119 --> 0:22:42.800
<v Speaker 2>very contentious case that it is worth burning all that

0:22:42.880 --> 0:22:46.399
<v Speaker 2>fuel and taking all those risks to go and mine

0:22:47.200 --> 0:22:50.840
<v Speaker 2>for and despoil the moon. Yes, for the metals we

0:22:50.920 --> 0:22:54.800
<v Speaker 2>need for renewable energy, that's a hard sell as well.

0:22:55.160 --> 0:22:57.680
<v Speaker 2>But no, we're not really having these arguments. But I

0:22:57.720 --> 0:22:59.560
<v Speaker 2>think we'd be having more of them if it wasn't

0:23:00.200 --> 0:23:02.200
<v Speaker 2>enterprise making so much of the running.

0:23:02.640 --> 0:23:05.080
<v Speaker 1>Just to explain to the listeners, I mean, there's a

0:23:05.080 --> 0:23:08.040
<v Speaker 1>lot of the scientific exploration on the Moon that is

0:23:08.920 --> 0:23:12.120
<v Speaker 1>I mean, do you think it's pointless? I don't think

0:23:12.119 --> 0:23:14.960
<v Speaker 1>you do think it's pointless trying to use the Moon

0:23:15.000 --> 0:23:17.320
<v Speaker 1>as a stop ahead to Mars and so on.

0:23:17.560 --> 0:23:19.480
<v Speaker 2>I go back to what we said at the beginning,

0:23:20.640 --> 0:23:24.439
<v Speaker 2>and the race for oil. You can't afford not to

0:23:24.480 --> 0:23:28.240
<v Speaker 2>be there. The background to this is the Indians proved

0:23:28.280 --> 0:23:30.399
<v Speaker 2>there was water at the south pole of the Moon,

0:23:30.920 --> 0:23:32.960
<v Speaker 2>and they're the ones, the only ones who landed a

0:23:33.000 --> 0:23:35.960
<v Speaker 2>craft there. It's very hard to land at the south pole.

0:23:36.000 --> 0:23:40.520
<v Speaker 2>It's very rugged terrain, caves, mountains, boulders, and they've done it.

0:23:40.720 --> 0:23:45.480
<v Speaker 2>And that's because it is also very very likely that

0:23:45.520 --> 0:23:48.720
<v Speaker 2>there are large amounts of many of the metals. There's

0:23:48.720 --> 0:23:52.280
<v Speaker 2>a small amount of lithium, quite liganite, all sorts of

0:23:52.280 --> 0:23:55.359
<v Speaker 2>stuff and there's water. Therefore there's oxygen and hydrogen, and

0:23:55.359 --> 0:23:59.560
<v Speaker 2>therefore there's fuel and things to drink. So you've proved

0:23:59.720 --> 0:24:03.920
<v Speaker 2>that it's theoretically possible to go there. Now get in there,

0:24:04.240 --> 0:24:08.119
<v Speaker 2>which everybody's trying to do, is also doable. It's weather.

0:24:08.480 --> 0:24:11.920
<v Speaker 2>Is there enough of the stuff down there? And can

0:24:11.960 --> 0:24:14.760
<v Speaker 2>you make it profitable to dig it up? Stick it

0:24:14.800 --> 0:24:17.320
<v Speaker 2>in some sort of space shuttle, because there are now

0:24:17.359 --> 0:24:19.840
<v Speaker 2>space planes, the Americans and the Chinese have got them

0:24:19.920 --> 0:24:22.040
<v Speaker 2>robotic they look like the shuttle. They can go up

0:24:22.080 --> 0:24:26.800
<v Speaker 2>for more than two years in orbit. And further, is

0:24:26.800 --> 0:24:29.720
<v Speaker 2>it viable at the moment The economics don't add up.

0:24:29.880 --> 0:24:34.200
<v Speaker 2>But lithium, as you know, is destined. It is thought

0:24:34.240 --> 0:24:37.000
<v Speaker 2>to go up or think something like forty times its

0:24:37.040 --> 0:24:42.120
<v Speaker 2>current value over the next decade. And so as those

0:24:42.200 --> 0:24:47.119
<v Speaker 2>prices of these precious metals go up and the finite

0:24:47.160 --> 0:24:51.520
<v Speaker 2>resource here goes down, so the economic modeling of the

0:24:51.560 --> 0:24:57.200
<v Speaker 2>moon becomes potentially more viable. But even though you're really

0:24:57.320 --> 0:24:59.320
<v Speaker 2>I wouldn't say you bet in the farm, but you

0:24:59.320 --> 0:25:03.720
<v Speaker 2>know it's high, high risk. But as a country or

0:25:03.760 --> 0:25:06.880
<v Speaker 2>a company, you cannot afford not to be part of this.

0:25:07.280 --> 0:25:09.239
<v Speaker 2>Give you one I know we're going to run out

0:25:09.280 --> 0:25:11.880
<v Speaker 2>of time. One last example, and this is even more theoretical,

0:25:11.920 --> 0:25:13.680
<v Speaker 2>but it goes back to what I said about oil,

0:25:13.760 --> 0:25:14.679
<v Speaker 2>and you're not gonna.

0:25:14.440 --> 0:25:16.480
<v Speaker 1>It's a beauty podcast, and we've got as long as

0:25:16.560 --> 0:25:17.080
<v Speaker 1>you want past.

0:25:17.359 --> 0:25:21.520
<v Speaker 2>Try and be brief. There's helium three on the Moon.

0:25:21.560 --> 0:25:23.280
<v Speaker 2>We don't have very much of it here, there's lots

0:25:23.280 --> 0:25:25.639
<v Speaker 2>and lots of it in the soil and the rocks

0:25:25.760 --> 0:25:32.240
<v Speaker 2>up there. If AI could possibly crack nuclear fusion, not fission,

0:25:32.320 --> 0:25:34.000
<v Speaker 2>not breaking it apart the way we do now, not

0:25:34.040 --> 0:25:37.760
<v Speaker 2>smashing atoms apart, but fusion, if AI can do that,

0:25:37.920 --> 0:25:39.880
<v Speaker 2>because we've been told for years and years it's we're

0:25:39.880 --> 0:25:42.320
<v Speaker 2>in the custom of it. The helium three that's on

0:25:42.359 --> 0:25:47.879
<v Speaker 2>the Moon can be used as fuel, but radiation free fuel.

0:25:48.640 --> 0:25:52.439
<v Speaker 2>And the head of the Chinese Space Agency, an eminent scientist,

0:25:52.920 --> 0:25:55.440
<v Speaker 2>believes there is enough helium three on the Moon in

0:25:55.480 --> 0:25:59.200
<v Speaker 2>those circumstances to fuel all of humanities, and that needs

0:25:59.680 --> 0:26:03.280
<v Speaker 2>energy on Earth for the next ten thousand years. Now.

0:26:04.200 --> 0:26:07.040
<v Speaker 2>I don't know if we're going to crack fusion. I

0:26:07.040 --> 0:26:09.240
<v Speaker 2>don't know if the economic modeling can go and get

0:26:09.240 --> 0:26:12.280
<v Speaker 2>the helium three. But the point I'm making is with

0:26:12.400 --> 0:26:16.720
<v Speaker 2>those sorts of stakes there which major player is just

0:26:16.800 --> 0:26:19.080
<v Speaker 2>going to say, nah, I'm not going to bother. And

0:26:19.119 --> 0:26:21.160
<v Speaker 2>that is one of the reasons why we're going to go.

0:26:21.800 --> 0:26:24.760
<v Speaker 2>Another reason is much more romantic. There is something in

0:26:24.760 --> 0:26:28.200
<v Speaker 2>the human spirit, which is why we've always climbed to

0:26:28.240 --> 0:26:30.160
<v Speaker 2>the top of a mountain to see what was then

0:26:30.280 --> 0:26:32.280
<v Speaker 2>gone across an ocean, because we wondered what was on

0:26:32.320 --> 0:26:34.960
<v Speaker 2>the other side, and that is our restless spirit. So

0:26:35.040 --> 0:26:38.919
<v Speaker 2>I've spent forty five minutes talking economics and politics to you,

0:26:39.560 --> 0:26:41.960
<v Speaker 2>but you know there is also that side of us,

0:26:42.320 --> 0:26:45.440
<v Speaker 2>and that is another reason why we are going to

0:26:45.520 --> 0:26:45.960
<v Speaker 2>keep going.

0:26:46.720 --> 0:26:51.479
<v Speaker 1>I'm trying to think forward to the moment when our

0:26:51.520 --> 0:26:54.080
<v Speaker 1>country and which country will it be, says do you

0:26:54.119 --> 0:26:57.560
<v Speaker 1>know what we're going to start digging? You know that

0:26:57.600 --> 0:27:00.840
<v Speaker 1>moment when they start digging in any kind of industrial

0:27:00.880 --> 0:27:03.600
<v Speaker 1>way on the moon. There's all sorts of legal and

0:27:03.600 --> 0:27:07.000
<v Speaker 1>ethical issues, not least that for many many people around

0:27:07.040 --> 0:27:10.680
<v Speaker 1>the world, the moon is spiritual. Sorry to go all

0:27:10.720 --> 0:27:11.720
<v Speaker 1>spiritual on.

0:27:11.600 --> 0:27:15.320
<v Speaker 2>You, but you know, no, there are legal and ethical issues,

0:27:15.760 --> 0:27:17.600
<v Speaker 2>and I don't you know, I don't want to sound

0:27:17.640 --> 0:27:22.160
<v Speaker 2>too cold saying that it's more cynical than cold, all right.

0:27:22.200 --> 0:27:24.280
<v Speaker 2>I mean this brings us back to the Artemist Accords

0:27:24.960 --> 0:27:28.680
<v Speaker 2>America series of bilateral agreements with more than forty countries

0:27:28.720 --> 0:27:33.800
<v Speaker 2>now and in the Artemist Accords, it's clearly states that

0:27:33.840 --> 0:27:37.359
<v Speaker 2>if you've invested all that money in going to the moon,

0:27:38.200 --> 0:27:42.359
<v Speaker 2>and then you've invested digging, and then you strike gold,

0:27:42.920 --> 0:27:46.400
<v Speaker 2>the new gold, you can then declare a safety zone.

0:27:48.520 --> 0:27:52.119
<v Speaker 2>Well how big, well you choose for how long you choose?

0:27:52.200 --> 0:27:54.760
<v Speaker 2>Now that sounds to me like sovereignty under another name.

0:27:55.320 --> 0:27:57.560
<v Speaker 2>And you can quote to me as much as you

0:27:57.680 --> 0:28:00.640
<v Speaker 2>like the nineteen sixty seven Out of Space Treaty, which

0:28:00.760 --> 0:28:03.720
<v Speaker 2>was not ratified by everybody and it's completely out of date.

0:28:04.119 --> 0:28:07.760
<v Speaker 2>But I'm going to keep digging, so you know, I

0:28:07.880 --> 0:28:15.600
<v Speaker 2>accept these ethical and legal challenges. The ethical challenges to

0:28:15.720 --> 0:28:20.880
<v Speaker 2>mining lithium in the DRC may be correct, but they

0:28:20.880 --> 0:28:25.879
<v Speaker 2>haven't won the argument and the legal aspects of X,

0:28:26.000 --> 0:28:29.520
<v Speaker 2>Y and Z. Well you and who's an army where

0:28:29.520 --> 0:28:31.159
<v Speaker 2>you're gonna fly me at the moon and stop me?

0:28:31.359 --> 0:28:34.200
<v Speaker 2>So I'm sorry to sounds so cynical, but you know

0:28:35.040 --> 0:28:41.320
<v Speaker 2>this is big industry, big government, and big stakes for winning,

0:28:41.560 --> 0:28:46.000
<v Speaker 2>potentially winning but certainly being involved in one of the

0:28:46.040 --> 0:28:50.160
<v Speaker 2>big energy questions of the twenty first century. So I

0:28:50.280 --> 0:28:54.600
<v Speaker 2>suspect that has more weight than the objections that are

0:28:54.640 --> 0:28:56.280
<v Speaker 2>already being sounded.

0:28:56.480 --> 0:28:57.640
<v Speaker 1>How many years away is it?

0:28:58.680 --> 0:29:01.640
<v Speaker 2>I think in the twenty thirties we will have moon bases.

0:29:01.960 --> 0:29:04.440
<v Speaker 2>I think in the twenty thirties we will have started

0:29:04.720 --> 0:29:10.680
<v Speaker 2>mining at what scale I don't know, but everything I

0:29:10.800 --> 0:29:14.400
<v Speaker 2>see at the moment points that that is going ahead.

0:29:14.800 --> 0:29:17.720
<v Speaker 2>Another legal point, at a space treaty, you cannot own

0:29:17.760 --> 0:29:20.680
<v Speaker 2>any part of space or a planet or the moon. Fine,

0:29:21.240 --> 0:29:25.320
<v Speaker 2>who owns those rocks that were brought back? And NASA

0:29:25.520 --> 0:29:28.320
<v Speaker 2>is currently tendering for a company, and I think a

0:29:28.400 --> 0:29:30.480
<v Speaker 2>Japanese company may have won it. I want you to

0:29:30.480 --> 0:29:32.760
<v Speaker 2>go at the moon, dig up a rock, bring it back,

0:29:32.840 --> 0:29:35.720
<v Speaker 2>and sell it to me for a dollar. Now, what's

0:29:35.760 --> 0:29:37.520
<v Speaker 2>in it for the company, what's in it for NASA?

0:29:38.080 --> 0:29:40.239
<v Speaker 2>The company's going to get a lot more tenders and

0:29:40.280 --> 0:29:43.600
<v Speaker 2>a dollar. But NASA are going to prove norms. They're

0:29:43.600 --> 0:29:48.480
<v Speaker 2>going to establish norms because once you've bought that, you

0:29:48.560 --> 0:29:52.000
<v Speaker 2>have established that yes, you owned it, you sold it

0:29:52.040 --> 0:29:54.240
<v Speaker 2>to me. I own it, and I know it's only

0:29:54.280 --> 0:29:57.120
<v Speaker 2>a dollar and a rock. But the point is you're

0:29:57.200 --> 0:30:00.560
<v Speaker 2>establishing norms. Another one United Nations convey of the Law

0:30:00.600 --> 0:30:03.000
<v Speaker 2>of the Sea, which I'm sure you read most evenings.

0:30:03.760 --> 0:30:06.840
<v Speaker 2>Only a few countries signed up when it started. Now

0:30:06.880 --> 0:30:11.200
<v Speaker 2>it is the norm. The Artemis Accords were signed by

0:30:11.200 --> 0:30:13.360
<v Speaker 2>only twelve countries when it launched, and now it's more

0:30:13.400 --> 0:30:17.360
<v Speaker 2>than forty. It is establishing the norms, and the Artimistic

0:30:17.400 --> 0:30:21.080
<v Speaker 2>cause allows for drilling and bringing back and selling. So

0:30:21.640 --> 0:30:23.560
<v Speaker 2>you know, we're in a new era. I just think

0:30:23.600 --> 0:30:25.680
<v Speaker 2>we still think about space there where we thought about

0:30:25.680 --> 0:30:28.200
<v Speaker 2>it in the sixties and seventies, we've moved on.

0:30:29.360 --> 0:30:32.280
<v Speaker 1>It was very striking, wasn't it a few months back

0:30:32.400 --> 0:30:35.280
<v Speaker 1>to have the Americans let it be known that they

0:30:35.440 --> 0:30:39.760
<v Speaker 1>believe that Russians will target satellites, so that to the

0:30:39.840 --> 0:30:44.000
<v Speaker 1>expression the public admission that now satellites are part of warfare.

0:30:44.200 --> 0:30:47.720
<v Speaker 2>Yeah, something has happened there which is obviously so classified.

0:30:48.080 --> 0:30:51.280
<v Speaker 2>We don't have the details because before they did that,

0:30:51.520 --> 0:30:54.880
<v Speaker 2>several months prior to that, they said that the Russians

0:30:54.920 --> 0:30:58.120
<v Speaker 2>were working on a new weapon in space. And I

0:30:58.160 --> 0:31:02.680
<v Speaker 2>was trying to figure out what. And there's two obvious scenarios,

0:31:03.680 --> 0:31:08.080
<v Speaker 2>One genuinely is a nuclear bomb in space, which yes,

0:31:08.200 --> 0:31:11.480
<v Speaker 2>I know it's forbidden, but you know, so is invading Ukraine.

0:31:12.040 --> 0:31:15.640
<v Speaker 2>You can explode a very small yield nuclear bomb in space,

0:31:16.080 --> 0:31:19.400
<v Speaker 2>probably without setting the atmosphere on fire. And the reason

0:31:19.400 --> 0:31:21.239
<v Speaker 2>you would want to do that is that at the

0:31:21.240 --> 0:31:25.160
<v Speaker 2>moment you can fire a ballistic missile big satellite and

0:31:25.240 --> 0:31:27.320
<v Speaker 2>knock it out, hitting a bullet with a bullet. It's

0:31:27.320 --> 0:31:30.240
<v Speaker 2>incredibly hard and incredibly expensive, but if you were just

0:31:30.320 --> 0:31:33.320
<v Speaker 2>to the second problem is that because the satellites are

0:31:33.320 --> 0:31:37.360
<v Speaker 2>now so small, and you have an array of satellites,

0:31:37.680 --> 0:31:40.760
<v Speaker 2>it's very small ones, maybe twenty of them in a constellation,

0:31:41.760 --> 0:31:43.640
<v Speaker 2>and if you hit one of them, well, they still work,

0:31:43.680 --> 0:31:45.280
<v Speaker 2>and then you go and you just put another one

0:31:45.320 --> 0:31:48.640
<v Speaker 2>up there. So to wipe out the whole twenty or fifty,

0:31:49.640 --> 0:31:53.440
<v Speaker 2>a very very small nuclear bomb or some other form

0:31:53.480 --> 0:31:56.600
<v Speaker 2>of explosion will do it. So that's one scenario, and

0:31:56.680 --> 0:31:59.400
<v Speaker 2>the other one is this idea of a direct energy weapon,

0:31:59.400 --> 0:32:02.280
<v Speaker 2>which now exis on Earth. They hit the drones, these

0:32:02.280 --> 0:32:06.320
<v Speaker 2>are these lasers, laser beams burn them out. Again, it

0:32:06.400 --> 0:32:08.760
<v Speaker 2>could be sticking one of those on. So the Americans

0:32:08.800 --> 0:32:11.200
<v Speaker 2>have done two things. They've warned they're looking at a

0:32:11.240 --> 0:32:15.240
<v Speaker 2>weapon in space, and now they're saying, and it's to

0:32:15.720 --> 0:32:18.880
<v Speaker 2>hit the satellites. It's not inevitable that it's going to happen.

0:32:18.960 --> 0:32:24.280
<v Speaker 2>It's inevitable that space will be weaponized because if you

0:32:24.560 --> 0:32:28.680
<v Speaker 2>if you disbelieve me, you have to just ignore the

0:32:28.760 --> 0:32:33.560
<v Speaker 2>last twelve thousand years of recorded history. So why would

0:32:33.840 --> 0:32:36.480
<v Speaker 2>given that we've weaponized pretty much every other are we've

0:32:36.480 --> 0:32:38.880
<v Speaker 2>gone into, why we're not going to weaponize this one.

0:32:39.000 --> 0:32:41.680
<v Speaker 2>It's why the French are already working on bodyguard satellites,

0:32:42.000 --> 0:32:45.800
<v Speaker 2>putting a satellite between one that's really important and has

0:32:45.800 --> 0:32:49.520
<v Speaker 2>perhaps their nuclear codes early warning system in it and

0:32:50.040 --> 0:32:54.200
<v Speaker 2>the potential aggressive satellite that might be approaching it. These

0:32:54.200 --> 0:32:54.760
<v Speaker 2>things are in.

0:32:54.720 --> 0:32:59.040
<v Speaker 1>Train, Tim Marshall, that was fantastic. Now Voteromics for its

0:32:59.080 --> 0:33:01.240
<v Speaker 1>next episode will have to come firmly back to Earth.

0:33:01.320 --> 0:33:03.760
<v Speaker 1>But for this one, thank you very much. Thank you

0:33:04.080 --> 0:33:04.959
<v Speaker 1>good stuff. Tim.

0:33:05.280 --> 0:33:06.239
<v Speaker 2>That was fun, wasn't it?

0:33:10.160 --> 0:33:12.800
<v Speaker 1>Thanks for listening to this week's voter Nomics from Bloomberg.

0:33:13.160 --> 0:33:16.600
<v Speaker 1>This episode was hosted by me alegra Stratton. It was

0:33:16.640 --> 0:33:20.680
<v Speaker 1>produced by Summersadi, with booking support from Chris Martlu, Production

0:33:20.800 --> 0:33:25.000
<v Speaker 1>support and sound designed by Moses and Am Brendan Francis

0:33:25.080 --> 0:33:28.880
<v Speaker 1>Newnham is our executive producer. Sage Bauman is Head of

0:33:28.920 --> 0:33:33.400
<v Speaker 1>Podcasts and special thanks to Tim Marshall. Please subscribe, rate,

0:33:33.520 --> 0:33:46.920
<v Speaker 1>and review wherever you listen to podcasts. Thanks for listening

0:33:46.920 --> 0:33:49.240
<v Speaker 1>to this week's In the City, featuring an interview from

0:33:49.240 --> 0:33:50.960
<v Speaker 1>our sister show, voter Nomics.