June 20, 2047 – The Asteroid Mining Corporation today purchased the rights to develop 52% of the moon’s surface including the airspace and subterranean levels. The rest will remain a “lunar preserve” for international use – in the hope that Earth will someday colonize the area.
The agreement was completed today and signed into effect in an attempt by the United Continents to generate revenue for ongoing research into lunar colonization and “clean” energy production. Lawmakers resisted the bid to purchase the lunar surface for the last several years until it became apparent that Earth’s economy is now heavily dependent on AMC’s resources.
AMC has recently established their own security forces that now exceed the UC’s military. In fact, a good portion of the UCM is supplemented by AMC contract troops.
Experts warned that AMC would take over the world’s economy if regulations were not enacted.
This appears to be the happening with alarming speed.