Gore/Clinton 2008?
With Al Gore’s continuing renaissance gathers steam and with the upcoming release of what looks to be (from the trailer) a terrific and topical film - An Inconvient Truth (which opens in the States on May 24th), the draft Gore voices are starting to come out of the woodwork.
If you look at the markets, the rally has already started. Gore’s price on Betfair has come down from 20-1 to around 8-1 over the past couple months (albeit on very light volume):
And just to prove that the arbitragers (or the invisible hand of the markets or both) are alive and well in this market, the price at Intrade has also seen the equivalent rally from 5c to 12c (on the dollar so equivalent to 20-1 going to c. 8-1) since February, also unsurprisingly as Intrade accepts US business, the volumes traded are higher:
He is now clearly 3rd favorite, behind Clinton and Warner, with Warner in particular seeming to suffer from Al’s advance.
Wonder what the odds are of a Gore/Clinton ticket? Of them winning? Can’t see anyone making a market in that anywhere yet.
June 16th, 2006 at 7:37 pm
[…] I asked the question as to how the carbon footprint (per passenger mile, would seem to be the correct metric as per the Economist analysis) for these light aircraft might compare to competing modes of transportation (automobile, trains, coaches, commercial jet travel, etc.) and how would that impact the economics of the industry if (when - see President Gore (!)) there was and emmissions trading system in the US and carbon had a price? The honest answer was that nobody really seemed to have looked at this before. Vern Raburn of Eclipse Aviation made the point that there actually wasn’t any data on this as engines below a certain size are not even required to be tested for CO2 emissions, but that said he made the point that an Eclipse 500 burns approximately the same amount of fuel climbing to cruising altitude as a 737 does in 10 minutes sitting on the stand … […]
July 12th, 2006 at 4:50 pm
Sean,
Could you please email me? I’d like to discuss something in private.
Thanks
bart