New York, August 10 (RHC)-- The Global Footprint Network has calculated the date each year since 2006, and each year it is earlier and earlier. And beginning this week, the Earth will spend the rest of the year in the red, environmentally speaking.
That’s because Monday was what’s become known as Overshoot Day for the planet, the day on which the Earth’s six billion inhabitants have exhausted its supply of natural resources and will spend the remainder of the year drawing down on air and water and releasing carbon dioxide into the atmosphere.
Or, to put it in banking terms, the Earth reported a zero ecological balance, and as of today, we are operating on a deficit ecological budget.
The day is declared every year by the nonprofit research group Global Footprint Network, and since the first Earth Overshoot Day was commemorated in October of 2006, the day has been arriving earlier each year.
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