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ID149603
Title ProperLiability and insurance regime for space debris mitigation
LanguageENG
AuthorWang, Ting
Summary / Abstract (Note)Concerns about the threat that space debris pose to satellites are expected to increase as the number of mostly non-maneuverable microsatellites in low-Earth orbit grows. International guidelines developed to mitigate the risk from space debris are frequently not followed, however, and may not be able to cope with the dramatic growth expected in the number of satellites. Moreover, the current legal framework is unable to determine who is liable for losses in an on-orbital collision. A space surveillance data-sharing committee is proposed to solve this liability problem. Under the proposed liability rules, satellite operators would be liable for the debris they create and insurance companies would cover such a risk, creating a new financial incentive for operators to adopt space debris mitigation guidelines.
`In' analytical NoteScience and Global Security Vol. 24, No.1; Jan-Apr 2016: p.22-36
Journal SourceScience and Global Security Vol: 24 No 1
Key WordsLiability ;  Insurance Regime ;  Space Debris Mitigation ;  Microsatellites


 
 
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