During the last year, this question prompted a lot of scientific debate, because recently scientists found more evidence supporting two very different explanations of the K-T extinction. One of these theories suggests that a major increase in volcanic activity on Earth caused the dinosaurs’ demise by releasing enough dust into the atmosphere so that photosynthesis was blocked and food chains collapsed. The other suggests that the K-T extinction was caused by a cataclysmic impact between the Earth and an asteroid near what is now Chicxulub, Mexico. As with volcanic activity, the impact would have released huge amounts of dust into the atmosphere and interfered with global climate and ecology.
Although scientists generally agree that both volcanism and the Chicxulub impact were important factors in shaping the Earth’s ecology at the end of the Cretaceous, no one knows yet which was most important in causing the K-T extinction. You can read more about this debate on our pages about the K-T extinction and its causes, and on the NSF’s announcements of the latest research findings supporting volcanism and the Chicxulub impact as the primary cause of the K-T extinction.
http://evolbiol.ru/a...or/ancestor.htm
Click here: Ancestor's Tale, The - Dawkins R.A.
The position of the Chicxulub
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http://www.windows.u...xulub.html&nl=4
Now, a team of 41 scientists from 12 nations has prepared a paper to specifically counter the volcanic and dual-impact alternatives, and provide a comprehensive review of the evidence linking a single impact near what is now Chicxulub, Mexico, to the K-Pg extinction.
One of the key arguments for impact is a well-studied clay layer that appears at K-Pg boundary sites across the globe, usually in association with melt-glass remnants, shocked minerals, and other materials generated by impacts. The authors point out that the layer thickness and the abundance of impact materials both increase as you get closer to the Chicxulub crater.
Additional studies, both in the field and in laboratory simulations and models, led to widespread support of the impact hypothesis. As it currently stands, the extinction resulted from the collision of a space rock roughly 10 kilometers in diameter into carbon- and sulfur-rich rocks beneath what is now Chicxulub, Mexico, yielding a crater that is more than 180 kilometers in diameter; regional tsunami, earthquakes and fires; extended (but not total) darkness; cooling temperatures and acid rain.
In some sites close to the impact, around the Gulf of Mexico and the Caribbean, there are two spherule-bearing layers, at times separated by sediment a few meters thick, and some of the recent controversy stems from this apparent duality. The scientists studying these layers say, however, that two layers does not mean there were two impacts; instead, the evidence suggests that there is a single layer that has been disturbed in some places by local seismic activity.

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