In order to avoid dangerous climate change, the Intergovernmental Panel on Climate Change has suggested that the increase in global temperature should be limited to under 2°C by the end of this century. In response to this objective, many countries have set up varied mitigation targets for CO2...

Nonparametric prediction of time series is a viable alternative to parametric prediction, since parametric prediction relies on the correct specification of the process, its order and the distribution of the innovations. Often these are not known and have to be estimated from the data. Another...