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There may be some colonies in space but it will be a while before they do any major moving that way. It is very expensive to get up there and to stay up there. Plus it is incredibly hard on the body to be in a low or zero gravity situation.
This planet has LOTS of livable land. It is just really ugly ground, and needs water on it. For the near future, it will be much more economical to work towards lowering pollution, and work towards finding new sources of water to irrigate land. Pretty much any place will look nice if you dump enough water on it...
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