What's the Value of an Energy Economist?
Article from: OGEL 3 (2008), in Economic and Commercial Context for Oil, Gas and Energy Law
Introduction
I could approach this in typical economist's fashion. When asked any question the economist's first answer is usually - "it depends". It always does. And when this fails to convince the next answer is often "it is too soon to tell". It usually is. If I did, this would then be a very short presentation. To be more constructive, I want to approach this by addressing 5 of the key issues or themes in energy economics today. I want to try and identify what energy economists know - and especially to identify where and why this may differ from the conventional wisdom or other views held ...