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We study various aspects of modeling astrophysical black holes using the recently introduced semiclassical formalism of physical black holes (PBHs). This approach is based on minimal requirements of observability and regularity of the horizons. We demonstrate that PBHs do not directly couple to the cosmological background in the current epoch, and that their equation of state renders them unsuitable for describing dark energy. Utilizing their properties for the analysis of more exotic models, we present a consistent semiclassical scenario for a black-to-white hole bounce and identify obstacles to the transformation of a black hole horizon to a wormhole throat.
Dahal et al. (Wed,) studied this question.