Today Is Earth Overshoot Day and That Is Not a Good Thing

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The overshoot happens because humans use more natural resources way faster than Earth can reproduce through excessive fishing, forest harvesting, and the continuous emission of carbon dioxide into the atmosphere. Since then, bar a period between 2011 and 2013, it has steadily moved earlier into the year.

Out of curiosity, The ASEAN Post computed the data provided by GFN and found the world might be "celebrating" EOD prematurely: the overshoot should fall on 12:34pm 4 August, 2018.

But while the trend is slowing, they also note that 207 environmental activists were murdered in 2017, "the worst year on record".

To determine the date, the Global Footprint Network calculates the demand that humans are placing on the planet and compares it to the planet's capacity to give, based on data from organizations like the United Nations, the International Energy Agency, and the Intergovernmental Panel on Climate Change.

"Our economies are running a Ponzi scheme with our planet". In fact, at the rate that we are outgrowing our ecological niche, we will be using the resource equivalent of two Earths by 2030.

Mr Wackernagel added: "It's time to end this ecological Ponzi scheme and leverage our creativity and ingenuity to create a prosperous future free of fossil fuels and planetary destruction". In other words, we are living beyond our means. On the other side of the world, residents in Cape Town have had to slash water consumption in half since 2015. The exact date started to be tracked in 1987, with the first Earth Overshoot Day being December 19.

Halve the carbon component of the EF, such as reducing meat consumption.

"These are the consequences of busting the ecological budget of our one and only planet". According to the report, it takes 14 times as much land to produce a ton of beef as it takes to produce a ton of grain.

The network also said rethinking energy systems and having one less child would save another 93 and 30 days respectively. If we cut our use of carbon by 50 percent, we would move the date back 93 days.

According to The Independent, Global Overshoot Day began being observed in 1986.