Step 1: Concept Definition:
Earth Overshoot Day, previously known as Ecological Debt Day, signifies the point in the year when human consumption of ecological resources surpasses Earth's capacity to regenerate those resources within that same year.
Step 2: Calculation Method:
The calculation determines the number of days in a year that Earth's biocapacity can sustain humanity's Ecological Footprint. The formula is:
\[ \text{Earth Overshoot Day} = \left( \frac{\text{World Biocapacity}}{\text{World Ecological Footprint}} \right) \times 365 \]
Step 3: Component Definitions:
World Biocapacity represents the planet's ability to regenerate the resources humans demand.
World Ecological Footprint quantifies human demand on nature, specifically the amount of nature required to support human populations or economies.
This formula compares Earth's resource supply (biocapacity) against human resource demand (ecological footprint). The ratio of supply to demand, multiplied by 365, pinpoints the date when demand exceeds supply.
Step 4: Calculation Formula:
The established calculation is: (World Biocapacity / World Ecological Footprint) x 365.
Who proposed the Gaia Hypothesis?