Blog： Recession barely dents ‘eco-debt’
The recession has had little impact on humanity’s over-consumption of resources, says a report.
The New Economics Foundation (Nef) calculates the day each year when the world goes into “ecological debt.”
This is the date by which humanity has used the quantity of natural resources that ought to last an entire year if used at a sustainable rate.
This year, “ecological debt day” falls on 25 September – just one day later than in 2008.
According to Nef, this means that the biggest recession for nearly a century has made very little difference to global consumption.
The report, entitled The Consumption Explosion: the Third UK Interpendence Day Report, asserts that the overall trend of our collective ecological footprint is deeply negative, with humanity still environmentally over-extending itself to a dangerous degree.
