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Claim ccar - "Zero Emission" Cars not reqrd

Category: Politics:US Politics JUDGED at 100
Owner:85, ddyer@netcom.com
Judge:163, jim
due date:1998/01/01

The Claim

Background: In 1990, the California Air Resources Board adopted regulations that, by 1998, mandate that 2 percent of the vehicles sold in California must be emissionless vehicles. The regulations further require that these "zero-emission" vehicles make up 5 percent of sales by 2001 and 10 percent by 2003.

Claim: As of Jan 1 1998: These regulations will have been formally abandoned, postponed, voided by the courts, rendered nonbinding, or weakened to require emissionless vehicle/miles less than the equivalent of 2% totally emissionless vehicles. This claim is to be resolved on the basis of the status quo as of Midnight, Jan 1 1998, not any subsequent legal or regulatory action.

Judge's Statement

Standard ambiguity clause: If the wording is found to be ambiguous I will judge on the basis of the obvious intent. If the intent is ambiguous I will judge on the basis of precise wording. If both are ambiguous or if both are clear but conflict, I will look for a solution that causes the least damage to FX as a market and game.

As of today (1997.04.20) these regulations have been formally weakened. A NO judgement will require additional regulation changes to become effective on the closing date for this claim, 1998.01.01.

The Market

Your Buy YES Orders Players Buying YES Coupons
Price Plot for life of ccar
Last trade price: 0
Current ask price: 100
Current bid price: 0
Pairs outstanding: 181
Players participating: 9
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Your cash balance: 1993.60
Your holdings in this Claim: 0
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Your Sell YES Orders Players Selling YES Coupons

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