Aug 17, 2019 | Updated: 07:24 AM EDT

Earth’s 2019 Budget All Spent By July

Jul 30, 2019 07:44 PM EDT

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PARIS, France -- Experts say that the world's natural resources for people to enjoy this 2019 have all been used up and it's only the beginning of the second half of the year. Healthy soil, clean water, and clean air have all been used up during the first six months of the world. Now, several companies have expressed their concern as well as their desire to help out with the writing. 

The experts call it the Earth's Overshoot Day and it has since moved up by two months over the past 20 years. However, this year was its earliest ever, according to the study conducted by  the Global Footprint Network. At the current consumption of electricity, it looks like the Earth needs about 1.75 use of the planets to produce the amount of energy that it needs for people to survive, or at least continue to live within your comforts. 

"The Earth Overshoot Day this year fell on July 29th, which means humanity has been using natural resources to produce their needs 1.75 times faster than the ecosystems could generate. This is akin to using up at least 1.75 of the Earths," as printed in the statement presented by an environmental group, whose headquarters is located in Oakland, California. 

The cost of this Earth Overshoot is evident on the rampant deforestation, biodiversity loss, soil erosion, and the worst form of increasing amount of carbon deposits in the atmosphere. The latter is often the cause of the changes in the climate making rains stronger and the heart even worse."

The first calculation of this rather grim milestone of the Earth was done in 1986. Since then, the condition has gotten worse and the effects on the environment has become earlier than expected. In 1993, it was recorded to have fallen on October 21. Ten years after, it fell on September 22 of 2003. In 2017, the overshoot day fell on August 2. It is the earliest that has ever been recorded in July 29th of this year. 

"We only have one Earth, which basically defines human survival in its most raw form. People can't be using 1.75 of the Earth without expecting consequences. The growing amount of carbon emissions in the atmosphere is only making things worse," said Maria Carolina Schmidt Zaldivar, environment minister of Chile. 

"The importance of decisive action is becoming more evident and people need to know what they can do to help reduce the effects of climate change," she added.

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