Abstract
CO2 emissions have contributed to global warming and belong to high-noise, non-stationary and nonlinear systems. An accurate prediction method for annual CO2 emissions can improve the effectiveness of emission reduction policies. However, the existing prediction methods for small-scaled samples (i.e., hourly or daily time series) are unsuitable for regional policy benchmarks. Hence, a novel hybrid prediction model under data decomposition mode is developed for annual CO2 emissions in this work. For illustration, the five representative CO2 emissions (i.e., China, United States, India, Russian, and Japan) from 1970 to 2019 are collected to verify performance, which are taken from Global Carbon Project. The results show that the average prediction accuracy of the proposed prediction model is up to 97.95%, which whole performance improved by more than 1.61% compared with others. The total of five countries’ annual CO2 emissions in 2020 (18,311.72 metric tons) is approximately equal to that in 2018 (18,353.63 metric tons). The proposed model is a reliable prediction tool for annual CO2 emissions and can assist policymakers in adjusting reduction measures and regulators to access the current effects.
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Acknowledgements
The authors thank the anonymous reviewers for their valuable comments, which helped us considerably improve this paper’s content, quality, and presentation.
Funding
This work was financially supported by Interdisciplinary Research Project of Kunming University of Science and Technology (No. KUST-xk2022001), Yunnan Fundamental Research Project (No. 202201BE070001-026), Natural Science Foundation of Yunnan Province (No. 202101AU070031), Young Talent Training Program for Science and Technology Think Tank by China Association for Science and Technology (No. 20220615ZZ07110003) and Young Elite Scientist Sponsorship Program by China Association for Science and Technology (No. YESS20210106).
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All authors contributed to the study conception and design. Dr. QX proposed conceptualization. The software was written by Mr. YW and Mr. ZS. Material preparation, data collection, and analysis were performed by Miss. PY. The first draft of the manuscript was written by Mr. YW, and the review and editing of the manuscript by Dr. QX and Dr. JC. All authors read and approved the final manuscript.
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Wang, Y., Yang, P., Song, Z. et al. Intelligent Prediction of Annual CO2 Emissions Under Data Decomposition Mode. Comput Econ 63, 711–740 (2024). https://doi.org/10.1007/s10614-023-10357-8
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DOI: https://doi.org/10.1007/s10614-023-10357-8