I came across this online Proceedings of the National Academy of Science paper from today:
http://www.pnas.org/cgi/content/full/99/14/9266"Sustainability requires living within the regenerative capacity of the biosphere. In an attempt to measure the extent to which humanity satisfies this requirement, we use existing data to translate human demand on the environment into the area required for the production of food and other goods, together with the absorption of wastes. Our accounts indicate that human demand may well have exceeded the biosphere's regenerative capacity since the 1980s. According to this preliminary and exploratory assessment, humanity's load corresponded to 70% of the capacity of the global biosphere in 1961, and grew to 120% in 1999...
...In other words, 20% overshoot means that it would require 1.2 earths, or one earth for 1.2 years, to regenerate what humanity used in 1999. (Fig. 1 shows the overall results. Fig. 2 provides a breakdown of the overall increase according to the various land and sea use categories.)"
Not really surprising, but terrifying all the same.