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The ears of the British diplomats in the audience burned, seeing as they were the chief cheerleaders of the EU's offset arrangements.
Although the regular and fixed offset arrangements have a large discrepancy from the Rayleigh distribution, the proposed arrangement shows very good agreement.
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Brealey also says that keeping their current offset arrangement – which allows them to offset their savings against their mortgage – may also be advantageous for tax purposes.
The deal is also notable for including what appears to be the largest so-called offset arrangement yet seen in the international arms trade.
Keneema Immaculate, 21 Queen Elizabeth National Park Agro-Forestry Project, Kamwenge, Uganda: Keneema's project is a cooperative carbon offset arrangement that combines carbon sequestering with rural livelihood improvements through small-scale, farmer-led agroforestry projects and replanting native trees on private small holder lands.
Queen Elizabeth National Park Agro-Forestry Project, Kamwenge, Uganda: Keneema's project is a cooperative carbon offset arrangement that combines carbon sequestering with rural livelihood improvements through small-scale, farmer-led agroforestry projects and replanting native trees on private small holder lands.
Costs associated with APC payments are continuing to rise at levels above inflation each year, although negotiations to deliver offsetting arrangements may be having some impact in constraining total cost increases.
Another worry is the burgeoning number of offset requirements—arrangements that vary in complexity from barter requirements to complicated coproduction and technology transfer requirements.
To offset this risk, arrangements for a particularly large order may be negotiated beforehand and the transaction put through the floor as a matter of procedure, with the jobber accepting a minimum "turn".
The consequences could be offset by temporary arrangements, but the symbolic damage would be far-reaching.Another is how to respond if Ukraine's presidential election and Belarus's parliamentary election, both due in October, are too blatantly rigged.
Second, the price paid by the corporate distributor is likely be offset by side arrangements such as logistics fees charged by airlines or hotel chains (let alone advertising deals that could also be part of the package).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com