More broadly, offsetting needs a world with strong emissions targets set at the level necessary to give the world a fighting chance at avoiding runaway global warming.
"As a working hypothesis we assume that the effects of climate change and investments in flood defences are broadly offsetting," the report added.
"Initial indications are that broadly offsetting the GST-induced price increases faced by households earning less then $100,000 and half of the increased prices faced by those earning less than $155,000 would use at least half of the extra GST revenue," the document says.
On the whole, I'm inclined to believe that various biases generally offset each other, so that the official inflation number is broadly reliable.Why should I believe that?
The administration's energy policy more broadly tries to offset potential costs with new opportunities and technological advances to boost productivity growth.
This increase in cortical excitability has been demonstrated to be broadly stable from the offset of stimulation for at least 60 minutes, in line with our GABA findings here.
Caroline Gulliver at Execution Noble, said: Debenhams' trading update was broadly positive, with weaker sales offset by better gross margin performance.
It said circulation at half its magazine titles had increased, while circulation revenue at its newspapers was broadly flat as price increases offset falling sales.
Li, Y.T., Liu, B.H., Chou, X.L., Zhang, L.I. & Tao, H.W. Strengthening of direction selectivity by broadly tuned and spatiotemporally slightly offset inhibition in mouse visual cortex.
