But there was considerable sentiment to tie a future reduction in taxes to a broader tax and budget agreement for next year.
He said future reductions would come from technological advances, more efficient energy use and less flaring.
But he stressed that further technical strides would produce no future reductions.
However, he added that future reductions to the bank rate would have increasingly smaller effect.
As such, it also establishes a framework for future reductions.
Under the new rules, states will receive credit only for future reductions in their welfare rolls.
Mr. Akers did not rule out future reductions in the work force.
We believe that the proposal of 0.5 percent is far too high, but it may be a starting point for future reductions.
At Montreal it was merely agreed that talks on future reductions would be started.
I also support legislation to track how much carbon is being emitted and future reductions in emissions.