Now that the hype surrounding the 40th anniversary of the Moon landings has come and gone, we are faced with the grim reality that if we want to send humans back to the Moon the investment is likely to run in excess of $150 billion. The cost to get to Mars could easily be two to four times that, if it is possible at all.
This is the issue being wrestled with by a NASA panel, convened this year and led by Norman Augustine, a former chief executive of Lockheed Martin, that will in the coming weeks present President Obama with options for the near-term future of human spaceflight. It is quickly becoming clear that going to the Moon or Mars in the next decade or two will be impossible without a much bigger budget than has so far been allocated. Is it worth it?