EGU21-826
https://doi.org/10.5194/egusphere-egu21-826
EGU General Assembly 2021
© Author(s) 2021. This work is distributed under
the Creative Commons Attribution 4.0 License.

A Statistical Model of the Global Carbon Budget

Eric Hillebrand, Mikkel Bennedsen, and Siem Jan Koopman
Eric Hillebrand et al.
  • Department of Economics and Business Economics, Aarhus University, Denmark, (ehillebrand@econ.au.dk)

We propose a dynamic statistical model of the Global Carbon Budget (GCB) as represented in the annual data set made available by the Global Carbon Project (Friedlingsstein et al., 2019, Earth System Science Data 11, 1783--1838), covering the sample period 1959--2018. The model connects four main objects of interest: atmospheric CO2 concentrations, anthropogenic CO2 emissions, the absorption of CO2 by the terrestrial biosphere (land sink) and by the ocean and marine biosphere (ocean sink).  The model captures the global carbon budget equation, which states that emissions not absorbed by either land or ocean sinks must remain in the atmosphere and constitute a flow to the stock of atmospheric concentrations. Emissions depend on global economic activity as measured by World gross domestic product (GDP), and sink activity depends on the level of atmospheric concentrations and the Southern Oscillation Index (SOI). We use the model to determine the time series dynamics of atmospheric concentrations, to assess parameter uncertainty, to compute key variables such as the airborne fraction and sink rate, to forecast the GCB components from forecasts of World-GDP and SOI, and to conduct scenario analysis based on different possible future paths of World-GDP.

How to cite: Hillebrand, E., Bennedsen, M., and Koopman, S. J.: A Statistical Model of the Global Carbon Budget, EGU General Assembly 2021, online, 19–30 Apr 2021, EGU21-826, https://doi.org/10.5194/egusphere-egu21-826, 2021.

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