Until now I have this:
plt.xlabel('$\delta^1^8$O \‰ vs VSMOW')
It runs fine without the promille sign, however when I add it a blank graph appears.
Then I tried TheImportanceOfBeingErnest's answer:
plt.xlabel(u'$\delta^{18}$O ‰ vs VSMOW')
But then this showed up:
"UnicodeEncodeError: 'ascii' codec can't encode character '\u2030' in position 264: ordinal not in range(128)"
Maybe there is something wrong with this?
from matplotlib import rc
rc('font', **{'family':'serif','serif':['Palatino']})
rc('text', usetex=True)
Solution (thanks to TheImportanceOfBeingErnest)
plt.rcParams['text.latex.preamble']=[r"\usepackage{wasysym}"]
and
plt.xlabel(r'$\delta^{18}$O \textperthousand vs VSMOW')

