He paused for a heartbeat, then resumed. “In fact, if we have any hope of stabilizing the global climate and avoiding even worse warming than we’ve experienced so far, then a significant portion of the Earth’s heavy industries must be moved off-planet.”
“That’s not possible,” snapped the representative from North America, a dough-faced white-haired professor in an academic’s tweed jacket.
Randolph stared at him bleakly. Once Jane Scanwell had been the North American on the Board.
“It’s not economically feasible today,” he replied softly. “But if you’ll provide the funding, it will be possible within a year.”
“One year?”
“Impossible!”
“How can you—”
Malik tapped lightly on the tabletop with his notebook stylus and their voices fell silent.
Randolph smiled tightly at him. “Thank you, Mr. Chairman.”
“Please explain your statement,” Malik said.
“The key to the economic development of space lies in the costs of acquiring the raw materials in the Asteroid Belt. With the metals and organic minerals from the asteroids, the people of Earth will have access to a pool of natural resources that’s far greater than the entire planet Earth ran provide.”
“The people of the Earth?” questioned the representative from Pan Asia. “Or the corporations that reach the asteroids and begin mining them?”
“The people,” Randolph said flatly. “If you provide the funding necessary for this, my corporation will do the work at cost.”
“At cost?”
“No fees whatsoever?”
“At cost,” Randolph repeated.
“We would certainly want our own accountants examining your cost figures,” said the woman representing Black Africa, very seriously.
“Of course,” Randolph replied with a wan smile.
“Wait a moment,” Malik intervened. “Just what would our money be funding? You haven’t told us what you actually propose to do.”
Randolph took a deep breath, then said, “We have to develop a fusion rocket system.”
Again the Board broke into querulous chatter. Malik had to tap his stylus sharply before they fell silent.
“A fusion rocket system?” he asked Randolph.
“We have developed and tested a small flight model of a fusion rocket,” Randolph said. Turning slightly in his chair, he went on, “Dr. Duncan can explain it, if you like. We sent detailed notes to each of you when we applied for this hearing; I’m sure your own technical experts have gone over them.”
Reluctant nods from the Board.
“I can show you a video of the flight tests we’ve done, if you wish.”
“That won’t be necessary,” Malik said.
“The key to any and all operations in space is the cost of transportation,” Randolph said. “The Clipperships that Masterson Aerospace developed have brought down the costs of going into Earth orbit. They opened up the Earth-Moon system for development.”
“And encouraged Selene to thumb its nose at us,” grumbled the representative from Latin America.
“Why do we need fusion rockets?” Malik asked, raising his voice enough to cut off any possible digression into the politics of the lunar nation’s insistence on remaining independent of the GEC.
“Transportation costs,” Randolph answered quickly. “Fusion rockets will cut the trip times and fuel costs for missions to the asteroids down to the point where they can be practical and profitable.”
“Profitable for whom?”
“For the entire human race,” Randolph snapped, looking slightly irked. “As I’ve already said, I’m willing to develop the fusion system and operate expeditions to the Asteroid Belt at cost.”
“Under GEC management?”
Randolph visibly gritted his teeth. “No. That would be a bureaucratic disaster. But I’ll agree to run the show under GEC oversight. You’ll have complete access to our books. That’s fair enough, I think.”
Malik leaned back in his padded chair and allowed the other Board members to grill Randolph. Most of their questions were trivial, or repeated questions already asked and answered. Most of the Board members talked mainly to hear the beloved sound of their own voices, Malik knew.
He had seen the video of Randolph’s flight tests. He had reviewed the technical data on the fusion rocket with the best scientists and engineers in the world. The Duncan Drive worked. There was no technical reason to believe that it would not work in a full-scale interplanetary spacecraft. It would cut the travel time to the Asteroid Belt from years to weeks, or less.