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“All large oil companies now use a shadow price of carbon”

Posted on 1 June 2015 by ecoquant

See https://plus.google.com/110148824733929465219/posts/cN46vebpUvi.

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This entry was posted in carbon dioxide, Carbon Tax, citizenship, clean disruption, climate, climate change, climate disruption, decentralized energy, economics, energy, environment, exponential growth, forecasting, fossil fuel divestment, geophysics, global warming, investing, investment in wind and solar energy, meteorology, natural gas, physics, rationality, reasonableness, risk, science, science education, temporal myopia, zero carbon. Bookmark the permalink.

← on the state of New England wind power

“Feedback temperature dependence determines the risk of high warming” →

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Kalman filtering and smoothing; dynamic linear models

Also, see datasets and R examples to accompany this excellent text.

I have used dlm almost exclusively, except when extreme efficiency was required. Since Jouni Helske's KFAS was rewritten, though, I'm increasingly drawn to it, because the noise sources it supports are more diverse than dlm's. KFAS uses the notation and approaches of Durbin, Koopman, and Harvey.

``The real problem is that programmers have spent far too much time worrying about efficiency in the wrong places and at the wrong times; premature optimization is the root of all evil (or at least most of it) in programming.''
Professor Donald Knuth, 1974
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