Bookie Bets on Rise of Global Emissions

As the Copenhagen talks draw to an end it’s a sad day when I have more faith in what’s likely to happen to CO2 emissions through the odds a a bookie, then in anything that comes out of a politicians mouth.

So for those of you as equally sceptical as me here are the latest odds from Paddy Power, Ireland’s largest bookie.

Their odds are based on the next CDIAC report for the UN.

The last report in 2006 measured CO2 levels at 28.4 billion metric tonnes and Paddy Power’s odds predict that at the time of the next report the figure will be over a mind boggling 34 billion tonnes at odds of 7/4.

The bookie is also taking bets on whether the US or EU will have most Annual CO2 emissions – the US is red hot favourite at 1/3 with the EU at 2/1.

Paddy Power said: “The politicians may be talking, but punters don’t seem to have much faith.  They’re betting on things getting a lot worse before they get better.”

Who will have the most Annual C02 emissions? (2006 (in thousands of metric tons) USA 5.8mil EU 3.9mil)
1/3       USA
2/1       EU
*According to the next CDIAC report for UN

Amount of World CO2 Emissions (2006 – 28.4 mil (in thousands of metric tons))
10/1      Under 20 Million
8/1       20,000,001 – 23,000,000
6/1       23,000,001 – 26,000,000
4/1       26,000,001 – 29,000,000
7/2       29,000,001 – 31,000,000
9/4       31,000,001 – 34,000,000
7/4       Over 34 Million
*According to the next CDIAC report for UN

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