Earth's Resources Used Up at Quickest Rate Ever in 2016 (france24.com)
An anonymous reader writes: In just over seven months, humanity has used up a full year's allotment of natural resources such as water, food and clean air -- the quickest rate yet, according to a new report. The point of "overshoot" will officially be reached on Monday, said environmental group Global Footprint Network -- five days earlier than last year. "We continue to grow our ecological debt," said Pascal Canfin of green group WWF, reacting to the annual update. "From Monday August 8, we will be living on credit because in eight months we would have consumed the natural capital that our planet can renew in a year."
To calculate the date for Earth Overshoot Day, the group crunches UN data on thousands of economic sectors such as fisheries, forestry, transport and energy production.
Earth-warming greenhouse gas emissions, it said, are now the fastest-growing contributor to ecological overshoot, making up 60 percent of humanity's demands on nature -- what is called the ecological "footprint".
I've never even heard of this metric. Is this based on real science or climate activism?
my, your, his/her/its, our, your, their
I'm, you're, he's/she's/it's, we're, you're, they're
Well, we had a good run.
Or, maybe like the entire history of mankind and economics, "used up" means there's demand for more production, or alternative production.
More CO2 is resulting in more foliage. Seems nature has it's own kind of "balancing market".
I'll be looking for a better arbitrary wordplay metric of impending doom.
~ Whence do you come, slayer of men, or where are you going, conqueror of space?
How can we end up eating all the food meant for the whole year? Who is giving the food for credit then? The Fed? Are the plants doing "Quantitative Easing" of food then?
False.
Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
Fishery depletion.
IMO, they're probably wrong, because they're ignoring fungibility. As the cost of the rarer metals goes up, other materials will take their place, and the net impact on society as a whole will be minimal.
In the grand scheme of things, you really only need a couple of metals to get things done—iron and copper. Fortunately, these are also two of the most plentiful metals in Earth's crust, so we're not going to run out of either one for the foreseeable future, though the cost of extracting copper may go up as the quality of ore deposits decreases.
As for the others, right now, people use chromium because of stainless steel, but powder coats or sealants could serve the same purpose in many situations. We might run low on lithium, which is a problem for batteries, but we're also on the cusp of getting supercapacitor capacity to the point where many uses of lithium will no longer be needed, making that largely moot in the long term. And so on. And we use metal for many things that we could use plastics for, too (either oil-based or plant-based).
Like I said, fungibility.
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