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Re:Senators introduce bill to thin out the 900k pieces of or... by londons_explore on Friday September 16, 2022 @05:03AM (#32863842)
If you ask the person who put the satellite up to pay, you have a problem that that company might be bankrupt/gone in 50 years when their satellite becomes junk.

If you make them put up insurance or a bond, it's a massive cash cost to have a $1B bond for 50 years...

And you would be needing $1B or more, because the worse case is a satellite gets smashed into 100,000 pieces, and you're going to need a lot of debris collection missions to get rid of them all...

Re:Senators introduce bill to thin out the 900k pieces of or... by JumpCrisscross on Friday September 16, 2022 @05:33AM (#32864043)
> you would be needing $1B or more, because the worse case is a satellite gets smashed into 100,000 pieces

You bond for the average cost and then use liability for edge cases. We don’t require every consumer product to be bonded for the edge case that it’s cancerous.