A novel method for carbon emission forecasting based on EKC hypothesis and nonlinear multivariate grey model: evidence from transportation sector

Greenhouse gas emissions have brought a serious challenge to the global environment and climate. Efficient and accurate prediction of carbon emissions is essential for the decision-making sectors to control growth and formulate policies. Firstly, considering the economic, demographic, and energy factors, a novel nonlinear multivariate grey model (ENGM(1,4)) based on environmental Kuznets curve (EKC) is proposed with respect to the data characteristics of the incomplete information of carbon emission of transportation sector. The model integrates the IPAT ("Influence = Population, Affluence, Technology") equation and the extended atochastic impacts by regression on population, affluence, and technology model (STIRPAT). Secondly, the derivation method is used to solve the time response equation of the model and the quantum particle swarm optimization algorithm (QPSO) is designed to optimize the model parameters. Then, 18 years of carbon emission data from China, the USA, and Japan are selected as the validation set. Comparative analysis indicates that the prediction accuracy of the statistical models and the intelligent models depends on sufficient samples and complex variables, and has certain limitations in limited sample prediction. The calculation results show that the new model outperforms other models in various evaluation indicators, indicating that its prediction accuracy is higher. Finally, the projections show that in 2019-2025, the average increase in carbon emissions from the transport sector in China and the USA was 2.837% and 2.394%, respectively, while Japan shows a downward trend with an average decline rate of 1.2231%. The analyzed prediction results are consistent with current situation of the three countries and the transport sectors, demonstrating the high accuracy and reliability of the new model.