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"It is like having a bank account," Juan Carlos Morales of the independent think tank Global Footprint Network told Common Dreams. "If you don't have money available, you have to take out credit. We are depleting resources faster than Earth can regenerate."
The concept, originally developed by the New Economics Foundation and carried forward by the Global Footprint Network, reveals a disturbing trend. "Earth Overshoot Day," also called "Ecological Debt Day," is arriving earlier each year since it was first calculated in 1987, roughly three days earlier each year since 2011. Global Footprints says this trend is unequivocal since "Human consumption began outstripping what the planet could reproduce" in the mid-1970s.
"We are now operating in overdraft," reads a Global Footprints statement. "For the rest of the year, we will maintain our ecological deficit by drawing down local resource stocks and accumulating carbon dioxide in the atmosphere."
Global Footprints calculates the day of overdraft based on analysis of consumption and production patterns of each country. "Every scientific model used to account for human demand and nature's supply shows a consistent trend: We are well over budget, and that debt is compounding," reads an organizational statement. "It is an ecological debt, and the interest we are paying on that mounting debt--food shortages, soil erosion, and the build-up of CO2 in our atmosphere--comes with devastating human and monetary costs."
Not all countries borrow equally, with Europe, North America, and Qatar consuming at notably destructive paces. According to Global Footprints, if everyone in the world consumed on par with the United States, it would take four Earths to sustain the international population.
"Regardless of consumption patterns, it is still a global problem that affects everyone," explains Morales. "We all have responsibility to address it."

_____________________
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |

"It is like having a bank account," Juan Carlos Morales of the independent think tank Global Footprint Network told Common Dreams. "If you don't have money available, you have to take out credit. We are depleting resources faster than Earth can regenerate."
The concept, originally developed by the New Economics Foundation and carried forward by the Global Footprint Network, reveals a disturbing trend. "Earth Overshoot Day," also called "Ecological Debt Day," is arriving earlier each year since it was first calculated in 1987, roughly three days earlier each year since 2011. Global Footprints says this trend is unequivocal since "Human consumption began outstripping what the planet could reproduce" in the mid-1970s.
"We are now operating in overdraft," reads a Global Footprints statement. "For the rest of the year, we will maintain our ecological deficit by drawing down local resource stocks and accumulating carbon dioxide in the atmosphere."
Global Footprints calculates the day of overdraft based on analysis of consumption and production patterns of each country. "Every scientific model used to account for human demand and nature's supply shows a consistent trend: We are well over budget, and that debt is compounding," reads an organizational statement. "It is an ecological debt, and the interest we are paying on that mounting debt--food shortages, soil erosion, and the build-up of CO2 in our atmosphere--comes with devastating human and monetary costs."
Not all countries borrow equally, with Europe, North America, and Qatar consuming at notably destructive paces. According to Global Footprints, if everyone in the world consumed on par with the United States, it would take four Earths to sustain the international population.
"Regardless of consumption patterns, it is still a global problem that affects everyone," explains Morales. "We all have responsibility to address it."

_____________________

"It is like having a bank account," Juan Carlos Morales of the independent think tank Global Footprint Network told Common Dreams. "If you don't have money available, you have to take out credit. We are depleting resources faster than Earth can regenerate."
The concept, originally developed by the New Economics Foundation and carried forward by the Global Footprint Network, reveals a disturbing trend. "Earth Overshoot Day," also called "Ecological Debt Day," is arriving earlier each year since it was first calculated in 1987, roughly three days earlier each year since 2011. Global Footprints says this trend is unequivocal since "Human consumption began outstripping what the planet could reproduce" in the mid-1970s.
"We are now operating in overdraft," reads a Global Footprints statement. "For the rest of the year, we will maintain our ecological deficit by drawing down local resource stocks and accumulating carbon dioxide in the atmosphere."
Global Footprints calculates the day of overdraft based on analysis of consumption and production patterns of each country. "Every scientific model used to account for human demand and nature's supply shows a consistent trend: We are well over budget, and that debt is compounding," reads an organizational statement. "It is an ecological debt, and the interest we are paying on that mounting debt--food shortages, soil erosion, and the build-up of CO2 in our atmosphere--comes with devastating human and monetary costs."
Not all countries borrow equally, with Europe, North America, and Qatar consuming at notably destructive paces. According to Global Footprints, if everyone in the world consumed on par with the United States, it would take four Earths to sustain the international population.
"Regardless of consumption patterns, it is still a global problem that affects everyone," explains Morales. "We all have responsibility to address it."

_____________________