Gore Credits

The Carbon Credit market is based on a very shaky foundation - the theory that mankind is putting increasing amounts of Carbon Dioxide into the atmosphere (true) and that this causes the global temperature to rise (not at all proven). However, TJIC has the very interesting idea of applying this to the "Gore Effect" (the frequently noted correspondence of a visit by Al Gore and a sudden drop in temperature):

I wonder if there’s a business model in setting up an exchange market where people can buy and sell options on the proposition “Al Gore visits my location and causes an unprecedented deep freeze” ?

It’d be a great hedging / risk balancing tool: ski slopes could buy them, so that if Gore visits, they make money on the skiing, and lose a bit on the market transaction, and farmers could sell them, so that if Gore visits, they lose money on their crops, but make a bit on the options.

You have to admit that the Gore Effect has as much evidence going for it as Anthropogenic Global Warming.