In fact shale gas and the recession have helped the US to double the cuts in carbon compared to what the European Union has achieved through the Kyoto Protocol.
He told Newsnight Scotland the "likelihood must be" he will accept the offer to defer the cuts by a year, but admitted it would create a "double whammy" of cuts in the following year, kicking in after the Holyrood elections.
While wholesale prices are easing, consumer inflation is still in double digits and could limit rate cuts to just a quarter percentage point next week.
Shadow defence secretary and Labour MP Jim Murphy said defence in Scotland faced a double danger from both UK government cuts and Scottish government plans for independence.
BBC: Scottish independence: Warning over 'weakened military'
Napolitano said she expects wait times to double in some cases, if the cuts continue for the next several months.
With the fiscal cliff and its double whammy of expiring tax breaks and spending cuts, this has to go down as one of the strangest year-ends on record.
Alas, the problem lies not in the stars, but in ourselves, and with men who rather then admit their policies were wrong, will double down into making Supply-Side tax Cuts an IDEOLOGY!!!
FORBES: Think Social Security's Trust Fund Is A Scam? Medicare Has One Too.
His proposed spending cuts outweigh the proposed additional revenue by more than double.
The 1.4m job cuts announced so far in 2001 are more than double the number for the whole of 2000.
He added that if the government cuts public spending too aggressively it could send the UK into a double-dip recession.
In an article published in the Financial Times newspaper, the head of the International Monetary Fund, Christine Lagarde, warned governments that they must balance spending cuts with measures to support growth to avoid the risk of a double-dip recession.
This is the reason why the Bush tax cuts brought in the special 15% rate for dividends: to reduce the impact of that double taxation.
But you might wonder why Mr Osborne would want to associate himself so closely with a sector which has played a disproportionate part in this double-dip recession - and seems to have taken a disproportionate share of the government's budget cuts so far.
Aside from the surprise profit and dividend cuts, the company also reported a net debt-to-equity ratio of 61%, double that of last year because of new loans, though Wu says much of that is for project financing.
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