Prediction of Energy-Related Carbon Emissions in East China Using a Spatial Reverse-Accumulation Discrete Grey Model

Shubei Wang, Xiaoling Yuan and Zhongguo Jin ()
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Shubei Wang: School of Economics and Finance, Xi’an Jiaotong University, Xi’an 710049, China
Xiaoling Yuan: School of Economics and Finance, Xi’an Jiaotong University, Xi’an 710049, China
Zhongguo Jin: School of Economics and Finance, Xi’an Jiaotong University, Xi’an 710049, China

Sustainability, 2024, vol. 16, issue 21, 1-22

Abstract: In order to better analyze and predict energy-related carbon emissions in East China to address climate change, this paper enhances the predictive capabilities of grey models in spatial joint prediction by creating the reverse-accumulation spatial discrete grey model RSDGM (1,1,m) and accumulation spatial discrete grey breakpoint model RSDGBM (1,1,m,t), which took the impact of system shocks into consideration. The efficiency of the models is confirmed by calculating the energy-related carbon emissions in East China from 2010 to 2022. Future emissions are predicted, and the spatial spillover effect of emissions in East China is discussed. The conclusions are as follows: (1) The RSDGM (1,1,m) theoretically avoids errors in background values and parameter calculations, reducing computational complexity. Empirically, the model exhibits high performance and reflects the priority of new information in spatial joint analysis. (2) The RSDGBM (1,1,m,t) captures the impact of shocks on system development, improving the reliability of carbon emissions prediction. (3) Jiangsu and Shandong are positively affected by spatial factors in terms of carbon emissions, while Shanghai and Zhejiang are negatively affected. (4) It is estimated that carbon emissions in East China will increase by approximately 23.8% in 2030 compared to the level in 2022, with the levels in Zhejiang and Fujian expected to increase by 45.2% and 39.7%, respectively; additionally, the level in Shanghai is projected to decrease. Overall, East China still faces significant pressure to reduce emissions.

Keywords: spatial correlation; reverse accumulation spatial discrete grey model; energy-related carbon emissions; carbon projections; East China region (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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