Carbon pricing is a big deal. It helps manage emissions and guides government policies. But predicting carbon prices is tricky. The prices change a lot and are influenced by many things. So, how can we make better predictions? There are different methods to break down carbon price data. But, these methods need to be tested more. Also, we need a better way to include ...

Forecasting carbon prices is vital for smart government decisions and stable carbon markets. But with so many factors at play, from economics to politics, predictions often go awry. This is where a new model comes in, blending dual decomposition and error correction. First, the model breaks down carbon price patterns into simpler parts using the sparrow search algori...