Workshop

The workshop is the kick-off event of the project "International energy markets under climate constraints - Strategic behavior and carbon leakage in coal, oil and natural gas markets" (RESOURCES, 2012-2015) which is funded by the Germany Ministry of Education and Research in the research program "Economics of Climate Change". The RESOURCES project is jointly carried out by the University of Potsdam (Prof. Dr. Anne Neumann) and the German Institute for Economic Research (DIW Berlin).

The issues at heart of this project are climate policies and their effect on supply and demand in energy resource markets. We focus on the resources coal, oil, and natural gas. A pre-requisite for an economic analysis of the interplay between the resource markets and climate policy is an updated and sound assessment of the long-term fossil resources base and long term extraction costs.

The workshop shall bring together experts from economics, geology and engineering to discuss the data situation and methodologies of assessment. Dr. Roberto F. Aguilera from Curtin University of Technology in Perth (Australia) will give a keynote presentation on "The Availability of Global Fossil Energy - Methods for Reserve, Resources and Long-Term Cost Estimations".