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Re:What's New in Emacs (Part 2) by nyellin on Sunday December 18, 2011 @02:29PM (#3367279)
The most exciting part is at the end:

Code can now use lexical scoping by default instead of dynamic scoping. The `lexical-binding’ variable lets code use lexical scoping for local variables. It is typically set via file-local variables, in which case it applies to all the code in that file.

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