coondoggie writes: "There has been much chatter about the threat of an asteroid or significant meteor strike on Earth in the past few weeks — mostly caused by the untracked meteor that blasted its way to international attention when it exploded in the sky above Russia injuring nearly 1,200 people in February. It was one of those amazing coincidences that on that same day an asteroid NASA had been tracking for months — asteroid 2012 DA14 — was to harmlessly cross Earth's path. Those events and the topic of mitigating asteroid and meteor or Near Earth Object threats to Earth prompted a couple congressional hearings by the Committee on Science, Space, and Technology, the latest of which was held this week. "None of the NEOs found to date have more than a tiny chance of hitting Earth in the next century. Thus the near-term risk of an unwarned impact from large asteroids, and hence the majority of the risk from all NEOs, has been reduced by more than 90%. Assuming none are found to be an impact threat, discovering 90% of the 140 meter sized objects will further reduce the total risk to the 99% level. By finding these objects early enough and tracking their motions over the next 100 years, even those rare objects that might be found threatening could be deflected using existing technologies."