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Posted: 2018-08-01T12:50:10Z | Updated: 2018-08-01T13:05:07Z

Aug. 1 marks Earth Overshoot Day 2018 , the point in our calendars when we tip into consuming more natural resources than the planet can regenerate in a year.

Global Footprint Network, an international nonprofit that calculates how we are managing or failing to manage the worlds resources, says that in the first seven months of 2018 we devoured a years worth of resources, such as water and fibers like cotton, to produce everything from the food on our plates to the clothes were wearing and the gas in our cars.

This year sees the earliest Earth Overshoot Day since the 1970s, when humanitys resource consumption first started to exceed what the planet could renew in a year.