
Nobody knows what caused the warming.
This means a couple of things. First, the earth is subject to rapid and dramatic warming events that we only dimly understand. Second, there does not seem to be any climate "buffer" that would limit warming within a narrow range. So, in theory, the CO2 and methane we are putting in the air now could cause an equally dramatic warming -- although our models show that it would take more CO2 than exists in all the fossil fuels in the world to get such a big temperature increase.
This warming had important effects on life. Many deep sea species went extinct, possibly because of the lack of oxygen in deep waters. On the other hand, it seems to have been a good time for mammals, which increased in numbers and diversity.
The planet is always changing. Some of the changes that come out of the climate models would be very bad for us. But on the other hand, there is no reason to think we would not adapt and go on. The peace and prosperity of the world may be threatened by climate change, but the existence of human civilization is not.
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