The phrase "already offset" is correct and usable in written English.
It can be used in contexts where something has been compensated for or balanced out prior to a certain point in time.
Example: "The costs of the project have already offset the initial investment, leading to a profitable outcome."
Alternatives: "previously balanced" or "already compensated".
According to a list of approved offset projects prepared by the Climate Action Reserve, a nonprofit organization whose standards are nearly identical to those developed by state regulators, the Clean Harbor site in Arkansas has already offset the equivalent of 2.3 million tons of carbon dioxide emissions, which translates to 2.3 million offset credits worth $10 to $11 each.
England's soils have been losing carbon at the rate of four million tonnes a year for the past 25 years - losses which will accelerate global warming and which have already offset all the cuts in Britain's industrial carbon emissions between 1990 and 2002, scientists warn today.
The cost is already offset by an estimated $200 million in entitlements from governmental bodies, including money to clean up the site and revenues from increased tax values to build infrastructure improvements, according to company filings with the Securities and Exchange Commission.
"What would life expectancy be like in the U.S. if obesity did not exist?" The researchers found that increasing levels of obesity, especially childhood obesity, has already offset increasing life expectancy "by 0.33 to 0.93 year for white males," with similar offsets for women and other races.
Several experts with widely varying opinions of the Greek government told The Huffington Post that the Greek economy's recent losses have already offset the relief that lower surplus targets could have provided earlier.
He also points out that Obama's tax reduction on those making below $50,000 essentially defeats the purpose of the Earned Income Tax Credit, which already offsets taxes on the poor.
In fact, Lockheed already has offset programs totaling $30 billion in 27 counties and went into Poland like Santa Claus.
Most of these projects already sell offset credits in other markets like the Regional Greenhouse Gas Initiative, a cap-and-trade program covering utilities in the Northeast.
Further down the market, Huntsworth edged up 0.4% to 64.75p as the owner of PR firms including Citigate and Red, said it remains on track for the full year having booked 90% of its 2009 revenues already, which offset a drop in half year revenues and profits.
One example: The $2.6 billion in losses from CIT Group and United Commercial Bank have already been offset by $4 billion in revenue that the Treasury reaped from taking warrants in the banks.
Regulators agree that this already merits some offset against a capital charge.
