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What was the Neoproterozoic oxygenation event?

The Neoproterozoic Oxygenation Event was a major geologic time interval between roughly 850 and 540 million years ago when atmospheric and oceanic oxygen concentrations rose significantly. Taking place after a long low-oxygen period called the Boring Billion, it saw oxygen levels potentially rise above 13 percent of modern levels and eventually reach present levels or higher. This event marked the second major oxygen increase in Earth history, following the Great Oxidation Event.

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