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The FT is reporting a dramatic drop in US carbon dioxide emissions, apparently because of the increasing use of natural gas in its economy.

The shale gas boom in the US has led to a big drop in its carbon emissions, as power generators switch from coal to cheap gas.

According to the International Energy Agency, US energy-related emissions of carbon dioxide, the main greenhouse gas, fell by 450m tonnes over the past five years – the largest drop among all countries surveyed.

The evidence that shale gas will help ease the worries of those who fret about global warming now seems overwhelming. I think this is where we find out how many of them are serious about global warming and how many of them are just anti-capitalists.

Let’s see what the Guardian makes of it shall we?