SEI Contact:

Frank Ackerman

Project status: Closed

Impacts of greenhouse gas reduction measures on oil production and revenues

At the request of the Abu Dhabi Environment Agency, in 2007 Frank Ackerman began reviewing the effects on oil markets of climate policies in developed countries.

While such policies could reduce the demand for oil, they are just one of the complex factors affecting the oil market today. The project will include a review of existing models of world oil markets and will select and/or develop an appropriate model for creating a range of plausible price and demand scenarios, as a guide to policy making.

The project is being run in conjunction a project on climate impacts with the same agency.

Funder: Abu Dhabi Environment Agency