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Gas is the new coal. At least that’s what the Obama administration seems to think. In accepting his nomination to run for a second term, President Obama pledged to “continue to reduce the carbon pollution that is heating our planet,” and to create 600,000 new jobs in the natural gas industry.

The two goals are directly related in the administration’s policies; in March 2012, the Obama EPA announced new emissions rules for power plants that meant no new coal plants will be built in the U.S. All those coal plants will likely be replaced with gas-fired plants — a trend that was already in the works thanks to declining gas prices and increasing supply.