The model is the first to include ‘energy use per person’ as a predictive factor rather than focusing solely on economies or populations.
It forecasts that population and economic growth combined with rising energy use per person could significantly increase global energy demand and CO2emissions, causing world average temperature to rise by 1.5 degrees as early as 2020.
“Nations at the 2015 UN Conference on Climate Change agreed to keep the rise in global average temperature below 2 degrees Celsius, preferably limiting it to 1.5 degrees to protect island states,” Professor Hankamer said.
“Our model shows we may have less time left than expected to prevent world temperature from rising above these thresholds.
“World population is forecast to increase to over 9 billion people by 2050, which, together with international ‘pro-growth’ strategies, will lead to continually increasing energy demand.
Professor Hankamer said it was vital to move from CO2-emitting fossil fuels and tap into renewable resources to accommodate these increases while controlling temperature.
“The sun is by far the largest renewable energy source,” he said.
“In just two hours it delivers enough solar energy to the Earth’s surface to power the entire global economy for a year – and now is the time to make the switch.
“A cost-neutral strategy that governments should consider fasting track this transition is diverting the $500 billion used to subsidise the fossil fuel industry internationally to assist the global renewable sector.”
Dr Wagner said the model challenged the assumption that increases in energy efficiency and conversion would offset increases in demand.
“We have successfully applied our model to world energy demand from 1950-2010 and demonstrated that increases in energy efficiency alone don’t offset the surge in in energy use per person,” he said.
“Simply put, as we get more efficient at manufacturing, goods get cheaper and we buy more.
Dr Wagner said massive increases in energy consumption would be necessary to alleviate poverty for the nearly 50 percent of the world’s population who live on less than $2.50 a day.
“We have a choice: leave people in poverty and speed towards dangerous global warming through the increased use of fossil fuels, or transition rapidly to renewables.
“As 80 percent of world energy is used as fuels and only 20 percent of electricity, renewable fuels, in particular, will be critical.”
Dr Ian Ross from IMB and Professor John Foster from UQ’s School of Economics were integral in developing the model. The work is published in the journal PLOS ONE.