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One consequence may be a growth in regional carbon markets, which could allow states to achieve emission reductions more cheaply.
She said she had seen "some reductions more drastic than that, but in those cases the original asking prices were inflated to begin with".
Companies are citing commercial benefits from emissions reductions: more than half of the reported emissions reduction activities have delivered payback in three years or less.
Likewise, people may judge two-to-one reductions more harshly because the fertility treatment that yielded the pregnancy significantly increased the chance of multiples.
"We can either secure those reductions more intelligently, or we can do it the president's way with across-the board cuts.
Merrill said: "BT's equity is highly geared to improving performance which we expect to come from the sizeable reductions in headcount now being implemented, other cost and capital expenditure reductions, more disciplined bid pricing and better contract management.
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The House version, phasing in the rate reduction more slowly, would be worth just $2,328.
"We support population reduction, more testing and monitoring of the spread of the disease, not wholesale slaughter".
The percentage of modifications that included some type of principal reduction more than quadrupled in the first nine months of last year, to 13.2 percent from 3.1 percent, according to regulators.
An excellent reduction, more than 2 orders of magnitude reduction, of the background events was achieved.
(Section 4 reviews the main objections to different models of reduction more generally).
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