2015 Earth Overshoot Day on August 14

Earth Overshoot Day was August 14. Earth Overshoot Day is an indicator from the Global Footprint Network that indicates, for each year, what day of the year humanity has consumed what Earth is capable of producing in one year.

In other words:

• We have just consumed one year worth's of production in less than eight months.
• We would need 1.6 earths to sustain our lifestyles.
• We are causing unsustainable damage to our environment (excess greenhouse gases, waste, and erosion that can no longer be naturally absorbed by the planet.)
• If Earth was a bank account, it would be in the red for the rest of the year.
• In some instances, people refer to excess consumption as 'ecological debt'.

Of course, each country has a unique resource allotment and consumption pattern that is averaged out in the Earth Overshoot Day indicator.

Excessive consumption may lead to shortage of resources such as fertile land, drinking water, that can lead to geopolitical conflicts. As a result, Earth Overshoot Day raises similar flags as the Countdown to Midnight clock. What do you think?