The foreign exchange market (FX market) accounts for 40% of the total volume of the world’s e-commerce by its own. Based on statistics, sometimes up to 90 per cent of the traders lose their total capital in this market just within six months to one year and leave this market. The probability of loss in the FX market can be estimated by probability theory. The present paper intends to demonst...

Integrated assessment models of climate change typically analyze the case of a doubling of atmospheric CO2.over the pre-industrial concentration of about 270 ppm. This is a serious shortcoming since under a scenario in which all accessible fossil fuels are burned, atmospheric CO2 concentrations will more than quadruple. We introduce an analytical framework that endogenously accounts for potenti...

Annual global CO2 emission forecasts at 2100 span 10 to 40 billion tonnes. Modeling work over the past decade has not narrowed this range nor provided much guidance about probabilities. We examine the time-series properties of historical per capita CO2 emissions and conclude that per capita global emissions are stationary without trend, and have a constant mean of 1.14 tonnes per person with st...

Remote sensing of vegetation stress has been posed as a possible large area monitoring tool for surface CO2 leakage from geologic carbon sequestration (GCS) sites since vegetation is adversely affected by elevated CO2 levels in soil. However, the extent to which remote sensing could be used for CO2 leak detection depends on the spectral separability of the plant stress signal caused by various ...

This article reports on a simulation and scenario analysis of Chinese passenger vehicle growth and resulting energy demand and CO2 emissions. The model includes provincial level logistic growth functions with saturation levels representative of neighboring Asian economies, income growth measured in international dollars, and both estimated and literature-based income elasticities. Scenarios exp...

F Forecasting the path of China’s CO2 emissions using provincelevel information Maximilian Auffhammer , Richard T. Carson Department of Agricultural and Resource Economics, 207 Giannini Hall, University of California, Berkeley, CA 94720-3310, USA University of California, San Diego, USA Received 31 December 2006 O CT ED P RO Abstract Our results suggest that the anticipated path of China’s carb...

JEL classification:

JEL classification: C11 G13

JEL classification: F12