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Private companies who opted out would be allowed to change their occupational schemes to offset the extra cost.
Two-thirds of that came from public coffers.And like other subsidised industries, baseball is fertile ground for elaborate schemes to offset one distortion by introducing others.
It invests in schemes to offset or reduce carbon emissions and charges the cost of these to business units in proportion to how much they contribute to the company's overall emissions.
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Other new measures include the introduction of a marine bill in the next parliament to protect sea life and simplify regulation; an "Environment Direct" internet-based information service and a scheme to offset carbon emissions from all official travel.
This form of analysis would prove useful if the scheme was to be taken further; by determining the savings in cost with the introduction of more businesses, it would be possible to see how many companies would need to use the scheme to offset any initial investment cost.
The scheme has helped to offset the potential damage to school sport caused by a decision by the Coalition to axe £162m of ring-fenced funding.
Take That, for example, members of which have recently repaid more than £20m to HMRC after investing in a scheme that allowed them to offset losses involved in a "music investment" plan against other taxable income.
But the counter-argument is that of moral hazard; depositors have no incentive to choose between banks on grounds of riskiness, and bank executives can take risks knowing that they are underwritten by the insurance scheme.Some jurisdictions tried to offset this by limiting the guarantee; such was the case in Britain up until 2007, when only 90% of deposits between £2000 and £35000 were covered.
A scheme by major U.S. carriers to offset losses by raising leisure fares has fizzled, as Northwest Airlines refused to follow suit.
We investigated an active control scheme using a single crystal to offset the drifts of different origins such as polarization, crystal birefringence, and electronics.
Under that scheme, countries would be allowed to "offset" their carbon pollution with technologies that are meant to pull carbon dioxide out of the air, like producing vast quantities of charcoal and adding it to soils.
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