Burnt coal from the age of dinosaurs sheds light on today's global warmingChanges in carbon dioxide during an oceanic anoxic event linked to intrusion into Gondwana coals. Jennifer C. McElwain, Jessica Wade-Murphy and Stephen P. Hesselbo. 2005. Nature 435: 479-482.
From the press release from the Field Museum posted at EurekaAlerts!:

Scientists believe that during OACs the biological activity or "productivity" of these oceanic organisms is for some reason enhanced. The events are often associated with mass extinction among many marine organisms and coincide with periods of intense global warming.
Scientists have long debated what causes OAEs. Now, a new theory holds that OAEs – in particular the Toarcian OAE, which occurred about 183 million years ago during the age of dinosaurs – are triggered by the burning of vast underground coalfields that released huge quantities of methane and carbon dioxide. These coalfields were set ablaze by the intrusion of molten rock from the Earth's crust.

The scientists, who worked on this research for more than four years, also turned up a totally unexpected result: they identified a 200,000-year interval when atmospheric carbon dioxide dropped to surprisingly low levels at the start of the Toarcian Oceanic Anoxic Event. This was probably due to the great number and activity of marine organisms at this time that effectively sucked carbon dioxide out of the atmosphere like a sponge. This drop cooled the Earth, maybe even enough to have enabled ice sheets to form and grow in the polar regions of the Arctic and Antarctic.
The idea of ice sheets during the age of dinosaurs has always been a controversial topic. Nevertheless, the researchers believe they have tantalizing evidence that the global temperatures were not as uniformly warm and ice free during the age of dinosaurs, as once assumed.
Images from HERE and HERE.