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DTSTART:20260223T110000Z
DTEND:20260223T120000Z
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SUMMARY:The World is Not Enough: Accounting for Environmental Externalities in the New Space Economy
DESCRIPTION:\n\nThe Pentland Centre is holding a seminar on The World is 
 Not Enough: Accounting for Environmental Externalities in the New Space 
 Economy. In this seminar\, Professor Sven Modell will discuss how to 
 account for negative environmental externalities\, which has a long 
 pedigree in the social and environmental accounting (SEA) literature\, to 
 the New Space economy emerging as a result of the increasing 
 commercialisation and privatisation of space-related activities.\n\nIn 
 doing so\, he pays particular attention to the questions of whether and how 
 externalities affecting the outer space environment should be monetised and 
 internalised in the corporations that inhabit this economy. Through a 
 review of the governance regimes that are currently in place in the New 
 Space economy\, he finds that these regimes entail relatively limited 
 monetisation and demands on corporations to internalise such externalities. 
 This reinforces emerging concerns that private sector space corporations 
 have weak incentives to mitigate externalities that are unique to this 
 context. To address this problem\, Sven puts forward proposals for a 
 reformed governance regime and outlines a research agenda that might 
 enhance our understanding of how environmental externalities can be managed 
 in the New Space economy.\n\nNB: The seminar runs from 11:00-12:00 in LUMS 
 WP B007 and on Teams. Please note that this session will be recorded. 
 \n\nOpen to LU staff and students - registration required. \n\nPlease 
 register below - registrations close Sat 21 Feb 2026. Please contact 
 pentlandcentre@lancaster.ac.uk for queries re booking after that 
 date.\n\nPhoto at top of page by wowinside at Adobe Stock.
LOCATION:Management School B007 (West Pavillion)\, Online Microsoft Teams
ORGANIZER;CN="Madiha Ahmad":MAILTO:m.ahmad10@lancaster.ac.uk
CATEGORIES:
CONTACT;CN="Madiha Ahmad":MAILTO:m.ahmad10@lancaster.ac.uk
STATUS:CONFIRMED
UID:LibCal-4453273
URL:https://lancaster-uk.libcal.com/calendar/pentland-centre/new-space-eco
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