Distance measurements to Type Ia supernovae (SNe Ia) at cosmological
distances indicate that the Universe is accelerating and that a large fraction
of the critical energy density exists in a component with negative pressure.
Various hypotheses on the nature of this ``dark energy'' can be tested via
their prediction for the equation of state of this component. If the dark
energy is due to a scalar field, its equation of state will in general vary
with time and is related to the potential of the field. We review the intrinsic
degeneracies of luminosity distance measurements and compute the expected
accuracies that can be obtained for the equation of state parameter from a
realistic high statistic SNe Ia experiment.Comment: 12 pages, 3 Postscript figures, use epsfig, amssymb, amsmath.
Submitted to Physics Letters.