Bad news, folks: We’re all officially garbage people.
That’s according to the Global Footprint Network (GFN), an international think tank focused on sustainability that keeps track of how much of Earth’s resources humanity uses and how much the planet can reuse.
Every year, on the day our consumption exceeds the environment’s renewal capacity, they declare “Earth Overshoot Day.” In 2016, that day is Monday, August 8th.
Humanity will have used 1.6 times Earth’s total climate capacity by the end of the year.
Here’s the broad formula the GFN uses to declare Earth Overshoot Day:
(Planet’s Biocapacity / Humanity’s Ecological Footprint) x 365 = Earth Overshoot Day
It sounds simple enough, but in practice there’s a lot involved in the calculation. The GFN says it uses 15,000 data points from the United Nations per country per year. For example, each country’s carbon dioxide emissions are compared to each country’s available greenery for sequestering carbon.