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The phrase "able to offset" is correct and usable in written English.
You can use it when discussing the capacity to counterbalance or compensate for something, often in financial or environmental contexts.
Example: "The new policy is designed to be able to offset the negative impacts of climate change."
Alternatives: "capable of counterbalancing" or "able to compensate for".
Exact(56)
It might be able to offset this by encouraging migrants.
"Hopefully, with our quickness, we'll be able to offset our size," Orr said.
But he definitely thinks central banks won't be able to offset the deflationary hit.
And if they give, they will be able to offset their donation directly against tax.
So she was able to offset the Firebird's birdy qualities with something more lush.
Who might be able to offset the pain of this disease, or dis-ease?
And it has not been able to offset tripling oil prices with price and volume increases in its chemicals businesses.
But executives said the company was able to offset most of those increases by raising its prices.
Sarah is widely regarded as an electoral asset, but nothing was able to offset an undeniably catastrophic Euro election result.
The company will probably not be able to offset the new requirements with more cutbacks, G.M. officials said today.
Chávez was able to offset the United States' influence by rallying his fellow-leftists in Latin America.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com