Final answer:
Planetary boundaries are conceptual thresholds for safe environmental conditions, not 'hard' limits, thus the statement is false. Exceeding these boundaries risks irreversible environmental change and the Earth's resources are already being strained by the human population.
Step-by-step explanation:
The statement "A planetary boundary is a hard limit put on the earth's resources that we may never exceed" is false. Planetary boundaries are conceptual limits considered to be safe operating spaces for humanity.
These boundaries are thresholds which, if crossed, could result in undesirable and irreversible environmental change. While it is imperative that we stay within these boundaries to maintain the planet's equilibrium, they are not deemed 'hard' limits, as the exact tipping points may vary and in some cases be negotiable.
Notably, the land area on Earth to supply our resources has been exceeded by the human population, which signifies the importance of acknowledging and adhering to planetary boundaries. It is also critical to consider that if the human population continues to rise without sustainable practices, the ecological footprint will exceed the Earth's capacity to support humankind, leading to potentially catastrophic consequences.