Wednesday is Earth Overshoot Day, the day on which we have already used up the resources Earth can replenish in a year, AccuWeather explains.
Global Footprint Network (GFN), an worldwide research organisation, says that in 1997 the Earth Overshoot Day fell in late September. We'd need 1.7 Earths to maintain our current habits. Since then, bar a period between 2011 and 2013, it has steadily moved earlier into the year. The first Earth Overshoot Day was December 19, 1987, and almost every year since then Earth Overshoot Day has come earlier and earlier.
But while the trend is slowing, they also note that 207 environmental activists were murdered in 2017, "the worst year on record".
It means humanity is now using nature 1.7 times faster than the planet's natural systems can cope with - the equivalent of using 1.7 Earths.
"Our economies are running a Ponzi scheme with our planet", said Global Footprint Network CEO Mathis Wackernagel. Its goal is to highlight the impact of humanity on Earth.
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"Operating in this reality requires creativity and innovation, and companies must rise to the challenge by looking at how to manage natural resources differently, how to measure them more accurately, and how to develop products and processes that use them more efficiently", said Susan Uthayakumar, President, Schneider Electric Canada.
Back in 1987 it was on December 19, but it's moved up substantially over time.
Carbon levels, which rise due to human activities like fossil fuel burning and deforestation, make up 60% of the ecological footprint.
"These are consequences of busting the ecological budget of our one and only planet".
The first one is to decrease the use of automobiles by 50 percent and the total traveled distance by 30 percent.
The day began to be observed in 1986 and is calculated by the Global Footprint Network. Notable declines were seen in Singapore, the Bahamas, Denmark, United States (US), United Kingdom (UK) and France.