I'm definitely opposed to developing a "Project Icarus"-style system. The odds that even the objects we will catalogue (Icarus-style asteroids) will strike Earth are astonomical. To build a system that involves developing more massive nuclear bombs, launching them into space, and detonating them to deal with an even less likely hypothetical threat just seems like a foolish waste of money.
This. The odds of a significant impact event are much lower than the odds of a significant volcanic event that could be equally as devastating. It seems totally nonsensical to invest billions of dollars into trying to prevent something that *might* happen some time in the next 50 million years.
Given how much humanity has developed just in the last ten thousand years, it's impossible for us to even conceive of what humanity might be capable of, what it might look like, or even whether it will exist when and if the next ELE impact occurs.
It's also worth pointing out that only one impact event is associated with a major extinction, and it's still debated just how much of that extinction event was due to the impact, given other factors occurring at the same time. By contrast 11 flood basalt eruptions and 7 sea-level falls are directly linked to major extinctions.
Perhaps most importantly, all major extinction events appear to occur when an already-stressed biosphere experiences a short-duration shock event that acts much like the straw breaking the proverbial camel's back. Given the low probability of an extinction-causing event of
any type it makes much more sense to invest our resources in trying to prevent the biosphere from experiencing long-term stress which will mean if one of these potential ELEs
does occur, the biosphere will be able to absorb the effects without significant extinctions.