Today's the day the Earth hits the red on resources

Today's the day the Earth hits the red on resources

Today's the day the Earth hits the red on resources

It is noted that the price of such environmental waste is the disappearance of forests, soil erosion, loss of biodiversity and increasing the carbon dioxide content in the atmosphere, leading to climate change. The good news is that the rate at which Earth Overshoot Day moves up on the calendar "has slowed to less than one day a year on average in the past five years, compared to an average of three days a year since overshoot began in the early 1970s".

The date of Earth Overshoot Day has moved steadily earlier in the year, as population has grown and the economy has boomed.

Notably, moving Earth Overshoot Day back by just 4.5 days every year would return humanity to using the resources of one planet, rather than 1.7, by 2050.

Back in 1971, the team behind the campaign has estimated, the date of Earth Overshoot Day was 21 December.

"Earth Overshoot Day falling on July 29 means that humanity is now using nature 1.75 times faster than our planet's ecosystems can regenerate". Monday 29 July is the earliest day this has been recorded. "The latter leads to climate change and more frequent extreme weather events", the report added.

The Global Footprint Network (GFN), the research organisation tracking Earth Overshoot Day, predicts that Earth Overshoot Day will land halfway through the year - in June - by 2030, meaning it would require two entire Earths to sustain current consumption levels.

Dollar at two-year high after Fed cuts rates as expected
By 1000 GMT, the dollar index was flat around 98.08 after pulling back from a two-month high of 98.206 touched on Tuesday. Trump tweeted a cautioning to China versus suffering his present governmental term prior to wrapping up a trade offer.

The Global Footprint Network also analyses the amount of resources each country is individually using.

Every year, the GFN marks the "Earth Overshoot Day" to shed light on the alarmingly dwindling resources on Earth due to the increase of human activities, which have taken a toll on Earth's capacity to replenish itself. Qatar, in comparison, burns through the replenishable resources for the year by February 11.

Ever since then, we have been using more than our fair share of the Earth, while others get much less - in fact, not enough in many cases to meet their basic needs.

Shifting from fossil fuels to renewables can help reduce consumption.

"The past does not necessarily determine our future. The transformation to a sustainable, carbon-neutral world will succeed if we apply humanity's greatest strengths: foresight, innovation, and care for each other".

It suggests significant opportunities are found in five key areas: cities, energy, food, population and planet.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.