Exploring carbon dioxide emissions forecasting in China: A policy-oriented perspective using projection pursuit regression and machine learning models

被引:22
作者
Chang, Lei [1 ]
Mohsin, Muhammad [2 ,7 ]
Hasnaoui, Amir [3 ]
Taghizadeh-Hesary, Farhad [4 ,5 ,6 ]
机构
[1] Peking Univ, Sch Econ, Beijing 100871, Peoples R China
[2] Jiangsu Univ, Sch Finance & Econ, Zhenjiang 212013, Peoples R China
[3] Excelia Business Sch, La Rochelle, France
[4] Tokai Univ, Sch Global Studies, Tokyo, Japan
[5] Tokai Univ, TOKAI Res Inst Environm & Sustainabil TRIES, Tokyo, Japan
[6] Lebanese Amer Univ, Adnan Kassar Sch Business, Beirut, Lebanon
[7] Taif Univ, Coll Business Adm, Dept Econ & Finance, POB 11099, Taif 21944, Saudi Arabia
基金
日本学术振兴会;
关键词
Forecasting carbon emission; Machine learning model; Emission intensity; CARDIOVASCULAR-DISEASE; ECONOMIC-GROWTH; TIME-SERIES; PANEL-DATA; TESTS; CORRUPTION; INDUSTRY; TRADE; FDI;
D O I
10.1016/j.techfore.2023.122872
中图分类号
F [经济];
学科分类号
02 ;
摘要
Achieving a balance between future greenhouse gas reduction and sustained economic growth is of utmost importance. This study leverages machine learning (ML), specifically projection pursuit regression (PPR), to evaluate the key factors that influence CO2 emission predictions in China. The analysis notably identifies the escalating electricity consumption as a primary influencing factor. Based on empirical findings, it is evident that building electricity consumption will continue to rise steadily until 2050 unless new restrictions or technological advancements are implemented. Relying solely on the reduced carbon intensity of electricity will not enable China to achieve carbon neutrality. Therefore, there is a pressing need for more energy-efficient building retrofits and technologies to reduce power consumption in both residential and commercial properties. This policyoriented study underscores its practical implications, offering valuable insights to policymakers for developing targeted CO2 reduction strategies that align with sustainable development and climate goals.
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页数:16
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