One of the largest banks issued an alarming warning that Earth is running out of the resources to sustain life

One of the world’s largest banks says the planet is running out of resources and warns that neither governments nor companies are prepared for climate change.

The world spent its entire natural resource budget for the year by August 1, a group of analysts at HSBC said in a note that cited research from the Global Footprint Network (GFN).

That means that the world’s citizens used up all the planet’s resources for the year in just seven months, according to GFN’s analysis.

Jeremy Berke

https://www.businessinsider.com/hsbc-warns-earth-is-running-out-of-resources-for-life-2018-8