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Earth Overshoot Day Already?

As I understand it, the Earth Overshot Day concept is a bit like Tax Freedom Day. Tax Freedom Day is the first day of the year where a nation has earned enough income to actually pay off it's tax debt - April 24th this year for the US.

Earth Overshoot Day is the day of the year by which humankind has used up 100% of the planets consumables, and thereafter we are whittling away at finite resources. A later date would be better in this case, and this year the overshoot occurred on August 13th.
It means humanity is on course to consume the equivalent of 1.6 Earths this year and, if the current course is maintained, we will be using the resources of two Earths per year by 2030.
I have no way to know how accurate an this estimate like this may be, but it's definitely food for thought.

The Independent 

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