I looked at the conference link. The only untrue statement was "immediate drastic cost to space reduction" Perhaps after 3 years when the 3d space elevator nears completion. Longer if two out of three elevators are already beyond ecconomic repair. It is not clear that the tethers will last for years, due to space junk, lightning, micro meteorites, terrorists and human error. Short life expectancy, means several fuctioning elevators must be built before more than an occasional pay load can prudently be used for purposes other than building more elevators. Even if average life is 4 years, construction delays, funding problems etc could delay low cost to space for 5 years after completion of first elevator. With good luck second, third and 4th elevators will cost a small fraction of the perhaps ten billion dollar cost of the first elevator. Neil