{"id":6133,"date":"2011-04-11T19:43:01","date_gmt":"2011-04-11T23:43:01","guid":{"rendered":"http:\/\/rbachnet.wwwmi3-ss40.a2hosted.com\/?p=6133"},"modified":"2022-12-30T16:02:41","modified_gmt":"2022-12-30T21:02:41","slug":"planet-earth-valued-at-4800-trillion","status":"publish","type":"post","link":"https:\/\/rbach.net\/index.php\/planet-earth-valued-at-4800-trillion\/","title":{"rendered":"Earth Worth $4,800 Trillion"},"content":{"rendered":"<p><a href=\"https:\/\/solarsystem.nasa.gov\/planets\/earth\/overview\/\" target=\"_blank\" rel=\"noopener noreferrer\">S<\/a><a href=\"https:\/\/solarsystem.nasa.gov\/planets\/earth\/overview\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-99228\" title=\"Earth Worth $4,800 Trillion\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/Earth1.jpg?resize=96%2C95&#038;ssl=1\" alt=\"Earth Worth $4,800 Trillion\" width=\"96\" height=\"95\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/Earth1.jpg?resize=150%2C148&amp;ssl=1 150w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/Earth1.jpg?resize=75%2C75&amp;ssl=1 75w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/Earth1.jpg?w=300&amp;ssl=1 300w\" sizes=\"auto, (max-width: 96px) 100vw, 96px\" \/><\/a>ome people believe &#8211; <strong>everything in this world has a price<\/strong>. Now the world has a price as well. Earth<strong>\u00a0is worth $4,800 trillion<\/strong> according to <a href=\"http:\/\/www.ucsc.edu\/\" target=\"_blank\" rel=\"noopener noreferrer\">UC-Santa Cruz<\/a> Astrophysicist Greg Laughlin. Professor Laughlin developed the <strong>value for <a href=\"http:\/\/www.nasa.gov\/\" target=\"_blank\" rel=\"noopener noreferrer\">NASA<\/a> <\/strong>to evaluate the discoveries made by NASA\u2019s planet-hunting <a href=\"https:\/\/www.nasa.gov\/mission_pages\/kepler\/main\/index.html\" target=\"_blank\" rel=\"noopener\">Kepler spacecraft<\/a>. He came up with the figure by calculating the <strong>sum of the planet\u2019s age, size, temperature, mass and other vital statistics.<\/strong><\/p>\n<p style=\"font-size: 16px;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-99221 \" style=\"border: 0pt none;\" title=\"stack-o-money\" src=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/stack-o-money.jpg?resize=121%2C110&#038;ssl=1\" alt=\"\" width=\"121\" height=\"110\" srcset=\"https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/stack-o-money.jpg?w=150&amp;ssl=1 150w, https:\/\/i0.wp.com\/rbach.net\/wp-content\/uploads\/stack-o-money.jpg?resize=75%2C68&amp;ssl=1 75w\" sizes=\"auto, (max-width: 121px) 100vw, 121px\" \/><\/p>\n<h4><strong><span style=\"color: #0000ff;\">What planets are worth studying<\/span><\/strong><\/h4>\n<p>Professor Laughlin <a title=\"Daily Mail\" href=\"http:\/\/www.dailymail.co.uk\/sciencetech\/article-1361145\/Earth-worth-3-000-trillion-according-scientists-new-planet-valuing-formula.html\" target=\"_blank\" rel=\"noopener noreferrer\">told<\/a> the UK&#8217;s <a href=\"http:\/\/www.dailymail.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Daily Mail<\/em><\/a> , \u201c<em>I\u2019ve just always thought that the concept of an \u2018Earth-like planet in the habitable zone\u2019 was pretty vaguely defined,\u00a0and I wanted a metric that I could plug a planet into to see whether its value was high enough to warrant media hype<\/em>.\u201d The professor&#8217;s equation shows whether planets are worth studying, <strong>anything worth less than $97 million just isn\u2019t worth the hassle<\/strong>. The astrophysicist told the <em>Daily Mail<\/em>, &#8220;<em>The formula makes you realize just how precious Earth is and I hope it will help us as a society safeguard what we have.&#8221;<\/em><\/p>\n<h4><span style=\"color: #0000ff;\"><strong><span style=\"color: #0000ff;\">Earth&#8217;s competition<\/span><\/strong><\/span><\/h4>\n<p>There are about 1,235 known similar planets in the universe. Most planets weren\u2019t given a high price tag because of their inhospitable climates. The <em>Daily Mail <\/em>says\u00a0<strong>Mars is worth only\u00a0$16,361<\/strong> and\u00a0<strong>Venus is worth less than a penny<\/strong>. Prior to Dr. Laughlin&#8217;s work, the most Earth-like world known to scientists, was the <a href=\"https:\/\/secure.wikimedia.org\/wikipedia\/en\/wiki\/Extrasolar_planet\" target=\"_blank\" rel=\"noopener noreferrer\">exoplanet<\/a> <a href=\"https:\/\/secure.wikimedia.org\/wikipedia\/en\/wiki\/Gliese_581_c\" target=\"_blank\" rel=\"noopener noreferrer\">Gilese 581 c<\/a>. However, the professor&#8217;s equation valued it at just $160.<\/p>\n<p>The next Earth-ly object, <a href=\"https:\/\/boingboing.net\/2011\/02\/03\/koi-32601-the-cream.html\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>KOI 326.01<\/strong><\/a><strong> is worth\u00a0$223,099.93<\/strong> (KOI stands for &#8220;Kepler Object of Interest&#8221;).\u00a0\u201c<em>This is just a way for me to be able to quantify how excited I should be about any particular planet,<\/em>\u201d he <a title=\"TechEye\" href=\"http:\/\/web.archive.org\/web\/20110810172532\/http:\/\/www.techeye.net:80\/science\/planet-earth-valued-at-3000-trillion\" target=\"_blank\" rel=\"noopener noreferrer\">told<\/a> <a href=\"http:\/\/www.techeye.net\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em>TechEye<\/em><\/a>.<\/p>\n<p><strong><em>rb-<\/em><\/strong><\/p>\n<p><em>I wonder if the professor discounted the value of planet Earth as\u00a0damaged goods as British Petroleum destroys the Gulf of Mexico and nuclear reactors melt-down in Japan, etc..<\/em><\/p>\n<p><strong>What do you think?<\/strong><\/p>\n<p><strong>How do you value planet Earth?<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><em><a title=\"Ralph Bach\" href=\"https:\/\/rbach.net\/index.php\/new-resume\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ralph Bach<\/a>\u00a0has been in IT long enough to know better and has blogged from his\u00a0<a title=\"Bach Seat\" href=\"https:\/\/rbach.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bach Seat<\/a>\u00a0about IT, careers and anything else that catches his attention since 2005. You can follow him at\u00a0<a class=\"broken_link\" href=\"http:\/\/www.linkedin.com\/in\/rb48334\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/www.facebook.com\/ralph.bach.14\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/rbach48334\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>. Email the Bach Seat\u00a0<a href=\"mailto:\/\/bach.seat@gmail.com\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Earth is worth $4,800 trillion according to NASA based on the sum of the planet\u2019s age, size, temperature, mass and other vital statistics<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[3045,195,378,14,3327,242,1207],"class_list":["post-6133","post","type-post","status-publish","format-standard","hentry","category-green","tag-3045","tag-bp","tag-earth","tag-green","tag-money","tag-nasa","tag-space"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"The Earth is worth $4,800 trillion according to NASA based on the sum of the planet\u2019s age, size, temperature, mass and 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