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The Earth behaves like an enormous electric circuit. The atmosphere is actually a weak conductor and if there were no sources of charge, its existing electric charge would diffuse away in about 10 minutes. There is a 'cavity' defined by the surface of the Earth and the inner edge of the ionosphere 55 kilometers up. At any moment, the total charge residing in this cavity is 500,000 Coulombs. There is a vertical current flow between the ground and the ionosphere of 1 – 3 x 10^-12 Amperes per square meter. The resistance of the atmosphere is 200 Ohms. The voltage potential is 200,000 Volts. There are about 1000 lightning storms at any given moment worldwide. Each produces 0.5 to 1 Ampere and these collectively account for the measured current flow in the Earth's 'electromagnetic' cavity.
Every Day is Earth Day
2012-12-13 11:43:23
Source: http://www.riseearth.com/2012/12/schumann-resonance-earths-frequency.html