The term Al Gore is taken from the actually person, Al Gore who was a former USA Vice-president, a USA Presidential Candidate and most recently produced An Inconvenient Truth (Documentary on Global Warming).
To use Al Gore as a term, it's mainly to indicate that someone who thinks they're going to win or have a chance doesn't actually. Just like Al Gore in the Presidential Election Race, he thought he had a chance but in reality, George W. Bush was never going to lose.
Langer: "Did you see South Africa play Australia in the World Cup"?
Katich: "Yeah what an Al Gore that was".
Langer: "South Africa are more like a John Kerry, than Al Gore, bloody chokers".
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