And even then the negotiation process will take decades so that means no LEO satellites available for anyone for several decades.
> all the orbits under 500 km are also annulled and put up for negotiation
The real issue is regulatory, not technical. See https://news.ycombinator.com/item?id=42199498
How does this make sense? Other countries could clearly decide however they like, because they don’t need to come to the negotiating table.
However your idea of "annulling" permits already given out isn't necessary, or politically feasible, or even desirable.
"Annulling" is just one HN user's jealous destruction fantasy.
I was the one who implied the status quo, i.e. countries putting things into orbit way above 500km and nobody stopping them, is likely to prevail… with even the next best alternative very unlikely to happen.
Basically every other interest on earth is going to see this as the west exploiting space then pulling the ladder up after them. It's the same reason why hoping developing countries will stop using coal is ridiculous. We need to foot the bill to clean up after ourselves or people will just ignore us and do what they see they need to do regardless.