Earlier quoted context omitted.
I never have understood why the space elevator gets so much attention, and the launch loop is almost unknown. The elevator obviously had some high-profile proponents (like Arthur C. Clarke), but given how realistic the launch loop seems (only 8 billion dollars??), I would think it would be the thing everyone talks about. The fact that it is not makes me think that it is less realistic or more constrained than it is m…
The launch loop must be perpetually active once established. That's a lot of continuous power needed for something we do pretty rarely--launch stuff into space. And if the power turns off, it falls back to Earth. A heavy, high-speed belt falling 50 miles down along a length of 1,200 miles...not an easy problem to solve. Even if it drops into uninhabited territory, it's not going to be in great shape. A space elevator…
A space elevator is not passive. It needs active dampening systems to avoid resonances that would tear it apart. The failure modes for a space elevator are also pretty terrifying. The lower the break the less harmful it is, but higher breaks will cause huge amounts of damage. Worst case scenario, the whole cable comes down. That is 75000 km. (Assuming the traditional double-spool deployment.) The Earth's circumference is only 40000 km. It will wrap around the earth twice! 'Blue Mars' has more about what such a disaster might look like.
The loop is not more well known because it was only invented in 1981 and requires non-intuitive physics to explain. Space elevators are "simpler" (if you ignore the active control problems) and have been around since 1895, though the modern design dates to 1959.