The world moves into "ecological overdraft"

The Economic Foundation UK says that the world as a whole is going into ecological debt driven by over-consumption. 'Ecological debt day' is the date when, in effect, humanity uses-up the resources the earth has available for the year, and begins eating into its stock of natural resources. Ecological Debt Day this year is three days earlier than in 2006 which itself was three days earlier than in 2005. This is just one of the findings of a new report from nef, Chinadependence: the second UK Interdependence report, published in association with the Open University. The report says the world's biggest carbon polluter is the United States. If everyone in the world had the same consumption rates as in the United States it would take 5.3 planet earths to support them. The figure was 3.1 for France and Britain, 3.0 for Spain, 2.5 for Germany and 2.4 for Japan. Green house emissions of Burgeoning economies like China and India are a fraction of those in Europe and the United States