Samsul Sameera. I, Assistant professor of law. Crescent School of Law Banupriya. G, Assistant Professor of Law, Crescent School of Law Syed Ali Fathima Nisha. S, Assistant professor of Law, Crescent School of Law
ABSTRACT
Space is the area most used for a constantly evolving technology, degraded by the launch of a number of satellites and leaving behind debris thus polluting space. The concepts of the militarization of space, space weapons are also followed by most of the developed countries to demonstrate their supremacy. They are also trying to launch reconnaissance space satellites into geostationary orbit. Space hijacking, space warfare, space experiments are all activities that lead to space exploitation.
To prevent this threat of space exploitation and to ensure that space science and research has the appropriate infrastructure and equipment, all countries with an international legal responsibility do not exploit or space degradation. Any country exploiting space will be subject to strict actions by UNOOSA. There will be demarcated space jurisdiction and the establishment of space tribunals deemed necessary in this regard.
The space exploration tax proposed hereinafter referred to as “space tax” would be levied annually or semi-annually on satellites in orbit. Likewise, space debris can be effectively minimized with the help of a space tax proposal, such as a Pigouvian tax. However, for effective and sustainable implementation, international coordination and mutual cooperation among members of the UN are deemed necessary.
Keywords: Space Exploration - use of astronomy and space technology to explore outer space, UNOOSA – United Nations Office for Outer Space Affairs (UNOOSA), Space Debris – any piece of machinery or debris left by humans in space, Geo-stationary Orbit – referred to as a geosynchronous equatorial orbit is above Earth’s equator, Orbital Use Fee - an annual fee paid by commercial satellite operators for each satellite in orbit
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