It's quite unlikely that global warming will destroy all life on the planet. For example, it's almost certain that some single cellular life will survive.
On the other hand, mass extinction is a distinct possibility according to many predictions, based partly upon geological evidence of it happening in the past.
Science 26 July 1996:
Vol. 273. no. 5274, pp. 452 - 457
DOI: 10.1126/science.273.5274.452
Comparative Earth History and Late Permian Mass Extinction
A. H. Knoll, R. K. Bambach, D. E. Canfield, J. P. Grotzinger
The repeated association during the late Neoproterozoic Era of large carbon-isotopic excursions, continental glaciation, and stratigraphically anomalous carbonate precipitation provides a framework for interpreting the reprise of these conditions on the Late Permian Earth. A paleoceanographic model that was developed to explain these stratigraphically linked phenomena suggests that the overturn of anoxic deep oceans during the Late Permian introduced high concentrations of carbon dioxide into surficial environments. The predicted physiological and climatic consequences for marine and terrestrial organisms are in good accord with the observed timing and selectivity of Late Permian mass extinction.http://www.gsajournals.org/perlserv/?request=get-document&doi=10.1130%2FG23858A.1Bryozoan paleoecology indicates mid-Phanerozoic extinctions were the product of long-term environmental stress
Catherine M. Powers and David J. Bottjer
Department of Earth Sciences, University of Southern California, 3651 Trousdale Parkway, Los Angeles, California 90089-0740, USA
We compiled the global onshore-offshore distribution of marine bryozoans within 396 Permian–Early Jurassic bryozoan assemblages and show that bryozoan assemblage generic richness declined significantly in advance of the end-Permian and end-Triassic mass extinctions, starting as early as the Capitanian prior to the end-Permian and the Norian prior to the end-Triassic. We also show that offshore settings were affected first, prior to both extinctions, suggesting that environmental stress resulted from the gradual encroachment of some deep-water phenomenon onto the shelves. These patterns support long-term oceanographic, rather than extraterrestrial, extinction mechanisms, such as widespread euxinia triggered by massive volcanism and global warming. Tracking the onshore-offshore environmental distribution of these marine invertebrates provides a unique approach to assessing prolonged environmentally induced stress through this ∼120 m.y. time interval.
...http://www.sciencedaily.com/releases/2007/10/071025091047.htm...
More damaging to the meteor theory, the study finds that organisms in the deep ocean started dying first, followed by those on ocean shelves and reefs, and finally those living near shore.
"Something has to be coming from the deep ocean," Powers said. "Something has to be coming up the water column and killing these organisms."
That something probably was hydrogen sulfide, according to Powers, who cited studies from the University of Washington, Pennsylvania State University, the University of Arizona and the Bottjer laboratory at USC.
Those studies, combined with the new data from Powers and Bottjer, support a model that attributes the extinction to enormous volcanic eruptions that released carbon dioxide and methane, triggering rapid global warming.
The warmer ocean water would have lost some of its ability to retain oxygen, allowing water rich in hydrogen sulfide to well up from the deep (the gas comes from anaerobic bacteria at the bottom of the ocean).
If large amounts of hydrogen sulfide escaped into the atmosphere, the gas would have killed most forms of life and also damaged the ozone shield, increasing the level of harmful ultraviolet radiation reaching the planet's surface.
Powers and others believe that the same deadly sequence repeated itself for another major extinction 200 million years ago, at the end of the Triassic era.
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NOVA Science Now presented this well last year:
http://www.pbs.org/wgbh/nova/sciencenow/3318/01.htmlhttp://environmentaldefenseblogs.org/climate411/2007/11/12/mass_extinctions/Extinctions Increase with Global Warming
November 12, 2007 | Posted by Lisa Moore in Science
This post is by Lisa Moore, Ph.D., a scientist in the Climate and Air program at Environmental Defense.
Earth is home to millions of species. This rich biodiversity isn't just beautiful, it's also tremendously valuable. As just one example, consider coral reefs. They support fisheries that are the main source of protein for a billion people, and bring billions of tourist dollars into local economies.
Scientists have warned that climate change puts a large fraction of Earth's species at risk for extinction. Most of these predictions are based on comparisons between species' apparent climate requirements to projections of future conditions. A
new study (PDF) in the
Proceedings of the Royal Society B looks at the relationship between climate and biodiversity from a different perspective: the Earth's deep past. The study found a long-term correlation between global temperature and extinction.
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