The impact of climate change on the Queensland economy of 2050 has been forecast in a new wide-ranging report that has stark warnings for the tourism and agriculture industries.

But it was not all bad news for the Sunshine State, with Queensland set to capitalise on the worldwide demand for electric cars, solar panels and high-capacity batteries.

A warming Queensland is going to come with some economic challenges, according to Ernst and Young. Credit:Glenn Hunt

Ernst and Young’s report, prepared for Queensland's Department of Environment and Science, shows the risks of warming weather on eight industry sectors across 13 regions and the opportunities if temperature increases can be kept below two degrees.

The release of the report, Capitalising on Queensland's Opportunities in a Zero Net Emissions Future, coincides with Wednesday's World Environment Day and the three-day Climate Reality conference in Brisbane.