Gli Stati Uniti definiscono “inaccettabile” la proposta di legge spaziale dell’UE

FATCA also places unacceptable burdens on our banking institutions…

Pot, kettle

If the US is criticizing it, it must be a good thing… let’s go for it!

>The EU proposed the law in June in an attempt to dial up regulatory oversight of satellite operators — including requiring them to tackle their impact on space debris and pollution, or face significant fines.

Is the EU planning to anything to China? Their ASAT tests in the 2010s generated a ton of debris, one of which recently hit the re-entry vehicle for for the Tiangong.

I also want to point out that it’s not just the US State Department that has voiced concerns over this proposed law. European companies have said similar in their feedbacks on the proposed law. For example:

Sirius Space Services (France)
>The projected compliance costs represent a significant financial burden for industry
stakeholders. According to the Commission’s estimates, manufacturing expenses could
rise by 3–10%. If these obligations remain unmitigated, they risk discouraging private
investment and downgrade the competitivity of our sector.

Confindustria (Italy)
>The EU Space Act has the merit of acting as a regulatory
harmonization tool, but it should be accompanied by measures aimed at stimulating demand,
ensuring proportionality, and strengthening human capital and technological investments. If this does
not happen, there is a real risk that the objective of increasing the competitiveness of European
industry will not be fully achieved, leaving room for other global players to move more quickly and
more effectively, further widening the technological gap between Europe and the rest of the world.

UKspace (UK)
>UKspace strongly supports the objectives of the EU Space Act in promoting safe, secure and
sustainable use of space. However, as drafted, the proposals have significant implications for
the UK’s globally integrated space industry and trade and collaboration between EU Member
States and the UK. Without formal equivalence and streamlined access mechanisms, the EU
Space Act risks creating unnecessary barriers that could fragment Europe’s space ecosystem
and raise costs and regulatory burdens for both EU and UK operators.

Airbus (France)
>The effective implementation of the extraterritorial scope of the EU Space Law and its enforcement
on third country space operators and third country European based entities is a fundamental element
of the Act that should know no exemptions. European and States’ agencies/institutions shall buy
commercial services exclusively from companies respecting the EU regulation. Europe must ensure a level playing field for the European actors competing with third countries
operators in the internal market and globally. To this end the reciprocity of treatment is inherent to the
equivalence for the registration with URSO.

GHGSat (Canada)
>We also join the U.S. Department of State’s submission (as it reflects
feedback gathered by the Department of State and Department of
Commerce of over 70 American companies and trade associations) in
calling for: “greater information and clarity in the text of the EU Space
Act itself (instead of in subsequent implementing acts) so
that stakeholders […] are fully aware of implications ahead
of its adoption”

The main bone of contentions appear to be the impact on the competitiveness of SMEs and other European players. Certainly, we can’t force American and Chinese companies to follow our laws. Of course, we can exclude them from contracts and prevent our own companies from doing business with them but that’d be shooting ourselves in the foot. There is no European company currently that can match SpaceX’s launch cadence and reliability. The second problem is that large space companies like those in the US and China can eat the regulatory costs while small SMEs in Europe cannot. This could have the effect of the AI act by hurting our own companies against large foreign ones.

Slam lol

Even international law is completely useless.. what the hell is space law

Oh no, Europe wants companies to pick up trash they create and the society is impacted by. Geeez that must be peak communist regime or smth…./s

Just add the fine to their bill for using the satellites, including the military use and sharing of them.