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Earth's hydrological cycle was profoundly perturbed by massive carbon emissions during an ancient (56 Ma) global warming event referred to as the Paleocene‐Eocene thermal maximum (PETM). One approach to gaining valuable insight into the response of the hydrological cycle is to construct sea‐surface salinity (SSS) records that can be used to gauge changes in the rates of evaporation and precipitation during the PETM in such climatically sensitive areas as the circum‐Antarctic region. Here, we pair oxygen isotope (δ¹⁸O) and magnesium‐calcium (Mg/Ca) measurements to reconstruct PETM sea‐surface temperatures (SSTs) and δ¹⁸O composition of seawater (δ¹⁸O_sw) at austral Site 690 (Weddell Sea). Several discrepancies emerge between the δ¹⁸O‐ and Mg/Ca‐based SST records, with the latter indicating that the earliest PETM was punctuated by a short‐lived ~4°C increase in local SSTs. Conversion of the δ¹⁸O_swvalues to SSS reveals a ~4 ppt decrease ~50 ka after peak PETM warming at Site 690. This negative SSS (δ¹⁸O_sw) anomaly coincides with a prominent minimum in the planktic foraminifer δ¹⁸O record published for the Site 690 PETM section. Thus, our revised interpretation posits that this δ¹⁸O minimum signals a decrease in surface‐ocean δ¹⁸O_swfostered by a transient increase in mean annual precipitation in the Weddell Sea region. The results of this study corroborate the view that the poleward flux of atmospheric moisture temporarily increased during a distinctive stage of the PETM.

The Late Cretaceous–Early Paleogene is the most recent period in Earth history that experienced sustained global greenhouse warmth on multimillion year timescales. Yet, knowledge of ambient climate conditions and the complex interplay between various forcing mechanisms are still poorly constrained. Here we present a 14.75 million‐year‐long, high‐resolution, orbitally tuned record of paired climate change and carbon‐cycling for this enigmatic period (~67–52 Ma), which we compare to an up‐to‐date compilation of atmosphericpCO₂records. Our climate and carbon‐cycling records, which are the highest resolution stratigraphically complete records to be constructed from a single marine site in the Atlantic Ocean, feature all major transient warming events (termed “hyperthermals”) known from this time period. We identify eccentricity as the dominant pacemaker of climate and the carbon cycle throughout the Late Maastrichtian to Early Eocene, through the modulation of precession. On average, changes in the carbon cycle lagged changes in climate by ~23,000 years at the long eccentricity (405,000‐year) band, and by ~3,000–4,500 years at the short eccentricity (100,000‐year) band, suggesting that light carbon was released as a positive feedback to warming induced by orbital forcing. Our new record places all known hyperthermals of the Late Maastrichtian–Early Eocene into temporal context with regards to evolving ambient climate of the time. We constrain potential carbon cycle influences of Large Igneous Province volcanism associated with the Deccan Traps and North Atlantic Igneous Province, as well as the sensitivity of climate and the carbon‐cycle to the 2.4 million‐year‐long eccentricity cycle.

An expanded sedimentary section provides an opportunity to elucidate conditions in the nascent Chicxulub crater during the hours to millennia after the Cretaceous‐Paleogene (K‐Pg) boundary impact. The sediments were deposited by tsunami followed by seiche waves as energy in the crater declined, culminating in a thin hemipelagic marlstone unit that contains atmospheric fallout. Seiche deposits are predominantly composed of calcite formed by decarbonation of the target limestone during impact followed by carbonation in the water column. Temperatures recorded by clumped isotopes of these carbonates are in excess of 70°C, with heat likely derived from the central impact melt pool. Yet, despite the turbidity and heat, waters within the nascent crater basin soon became a viable habitat for a remarkably diverse cross section of the food chain. The earliest seiche layers deposited with days or weeks of the impact contain earliest Danian nannoplankton and dinocyst survivors. The hemipelagic marlstone representing the subsequent years to a few millennia contains a nearly monogeneric calcareous dinoflagellate resting cyst assemblage suggesting deteriorating environmental conditions, with one interpretation involving low light levels in the impact aftermath. At the same horizon, microbial fossils indicate a thriving bacterial community and unique phosphatic fossils including appendages of pelagic crustaceans, coprolites and bacteria‐tunneled fish bone, suggesting that this rapid recovery of the base of the food chain may have supported the survival of larger, higher trophic‐level organisms. The extraordinarily diverse fossil assemblage indicates that the crater was a unique habitat in the immediate impact aftermath, possibly as a result of heat and nutrients supplied by hydrothermal activity.