Prediction of carbon dioxide emissions in China using a novel grey model with multi-parameter combination optimization

Abstract

With the rapid development of industrialization and urbanization in China, the carbon dioxide emissions keep increasing for a long time. It is of great significance to reasonably predict the carbon dioxide emissions to realize “carbon peaking and carbon neutrality” goals in China. To this end, based on the new structure grey model, the variable orders are defined and optimized differentially, and the smoothing generation operator is introduced to variously design and optimize the driving term. Thus, a new multivariable grey prediction model with the combination optimization of multi-parameter is constructed. The new model is applied to predict the carbon dioxide emissions in China, and its comprehensive error is only 0.085%, which is far superior to the traditional similar grey prediction models (3.274%, 7.713%). This study provides a new modeling method for carbon dioxide emissions prediction, and has positive significance for enriching and improving the structural and methodological systems of grey prediction models.