3.27.2007

THE LAND IS CHEAP BUT THE AMENITIES ARE AWFUL

An appeals court in China has upheld a ban on selling land on the moon in a decision against a company which managed to turn a quick profit of over $2000 by selling 49 acres of moon land in only three days back in 2005. The Chinese government quickly revoked their license and served the company a stiff $8000 fine in order to put them out of business. Last week the appeals court upheld the ban, quoting an international treaty signed in 1983 which read, in part: “outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by other means.” (Xinhua News)

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