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But its Boy-Scout strategy of leading by example (if other countries reached a deal, Europe would raise its efforts from 20 to 30 percent) and its ultimate lack of unity at the summit ensured that its leverage would be negligible in the face of great powers determined to do as little as possible.
Most people would agree that you shouldn't borrow at 3% to invest at 5%, as the increased risk in leveraging yourself is not worth the negligible payout.
But over all, he said, Mr. Baucus's bill "would have a negligible effect on federal spending" because the government would not have the leverage to negotiate discounts deeper than those already being obtained by private Medicare drug plans.
Moreover, they all subestimate the magnitude of the leverage effect, but the bias in the weighted cross-correlation, ( r_{12,W},) is negligible as compared to the alternative robust cross-correlations considered.
Negligible, too.
Emissions: negligible.
a) Negligible.
Negligible flavour.
Revenue: Negligible.
Pay negligible.
So, leverage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com