Sectoral Offsets in the Mexican Oil and Gas Industry: Developing a Credible Baseline via Econometric Methods

Mexico’s national oil company serves as a case study to demonstrate that substantial potential exists to use sectoral offsets to achieve cost-effective emissions reductions. But developing a viable baseline against which to credit reductions is key.

Working Paper by Richard D. Morgenstern, Alexander Egorenkov, and Daniel Velez-Lopez — Aug. 20, 2015



Richard D. Morgenstern

Senior Fellow

Alexander Egorenkov

Daniel Velez-Lopez