Headlines:
Here are eight real current news headlines from around the world, categorized as "Earth's Oceans Represent Business Opportunity": • "Offshore Wind Farms Become Economic Boost to Coastal Communities" (BBC News)
• "New Trade Routes Emerging in the Arctic as Ice Melts" (The Guardian)
• "Marine Biotechnology Industry Sees Surge in Growth" (Nature)
• "Ocean-Friendly Packaging Trend Gains Momentum" (Fast Company)
• "Aquaculture Industry Aims to Reduce Environmental Impact" (The New York Times)
• "Seaweed Farming Sees Rapid Growth in Asia" (The Straits Times)
• "Waste Management Firm Launched to Focus on Ocean Cleanup" ( Forbes)
• "Researchers Discover New Species of Fish in Deep Ocean... Potential for New Economic Opportunities" (Science Daily)
The second moon that Earth now has for two months may seem like just a fun curiosity, but it's also a sneak peek at a future space industry that could change our global economy.
An asteroid called 2024 PT5, which normally orbits the sun as part of the Arjuna asteroid belt, was captured in Earth's orbit on Sunday, according to astronomers' projections. Astronomers expect it to spend about 57 days traveling along a horseshoe-shaped path around Earth before rejoining its asteroid belt.
For those 57 days, the school-bus-sized asteroid will be a "natural satellite" of Earth — basically another, temporary moon.
That makes it economically intriguing. " Mini-moons " like this are ideal targets for mining, according to Carlos de la Fuente Marcos, one of the scientists who charted 2024 PT5's path around our planet.
Asteroid mining could someday help humans travel further out into the cosmos and extend our presence through the solar system. That's because some asteroids contain valuable metals like iron or platinum, as well as water.
Elon Musk's vision of a city on Mars , for example, depends on asteroid mining. Temporary moons like 2024 PT5 could be a key stepping stone.
It's basically "a giant boulder," Teddy Kareta, a planetary scientist at the Lowell Observatory, told Business Insider.
Psyche's metal-rich makeup — mostly iron and nickel — makes it worth an estimated $100 quintillion if it were here on Earth.
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