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We've gone into the ecological red http://apocadocs.com/s.pl?1282503573
At the weekend, Saturday 21 August to be precise, the world as a whole went into "ecological debt".
That means in effect that from now until the end of the year, humanity will be consuming more natural resources and producing more waste than the forests, fields and fisheries of the world can replace and absorb. By doing so, the life-support systems that we all depend on are worn ever thinner. Farms become less productive, fish populations crash and climate regulating forests decline. All become less resilient in the face of extreme weather events.
The date is arrived at by comparing our annual environmental resource budget with our ecological footprint - the rate at which we spend it.
The more we overshoot the available budget, the earlier in the year we start to go into the ecological red. Collectively we started to live beyond our means in the 1980s. Since then the date has crept earlier and earlier in the year. Improved measurement and data bring the latest date forward by a whole month in comparison with last year's date. It now takes about 18 months for the planet to generate what we consume in just 12.
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[Read more stories about:
short-term thinking, stupid humans, tipping point]
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'Doc Jim says:
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I'm not worried -- I invested in ecology default swaps.
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