CO2 was higher in the late Ordovician
The skeptic argument...
CO2 was higher in the late Ordovician
"To the consternation of global warming proponents, the Late Ordovician Period was also an Ice Age while at the same time CO2 concentrations then were nearly 12 times higher than today - 4400 ppm. According to greenhouse theory, Earth should have been exceedingly hot. Instead, global temperatures were no warmer than today. Clearly, other factors besides atmospheric carbon influence earth temperatures and global warming." (Monte Hieb)
What the science says...
One argument used against the warming effect of carbon dioxide is that millions of years ago, CO2 levels were higher during periods where large glaciers formed over the Earth's poles. This argument fails to take into account that solar output was also lower during these periods. The combined effect of sun and CO2 show good correlation with climate (Royer 2006). The one period that until recently puzzled paleoclimatologists was the late Ordovician, around 444 million years ago. At this time, CO2 levels were very high, around 5600 parts per million (in contrast, current CO2 levels are 389 parts per million). However, glaciers were so far-reaching during the late Ordovician, it coincided with one of the largest marine mass extinction events in Earth history. How did glaciation occur with such high CO2 levels? Recent data has revealed CO2 levels at the time of the late Ordovician ice age were not that high after all.
Past studies on the Ordovician period calculated CO2 levels at 10 million year intervals. The problem with such coarse data sampling is the Ordovician ice age lasted only half a million years. To fill in the gaps, a 2009 study examined strontium isotopes in the sediment record (Young 2009). Strontium is produced by rock weathering, the process that removes CO2 from the air. Consequently, the ratio of strontium isotopes can be used to determine how quickly rock weathering removed CO2 from the atmosphere in the past. Using strontium levels, Young determined that during the late Ordovician, rock weathering was at high levels while volcanic activity, which adds CO2 to the atmosphere, dropped. This led to CO2 levels falling below 3000 parts per million which was low enough to initiate glaciation - the growing of ice sheets.
Last week, another study headed by Seth Young further examined this period by extracting sediment cores from Estonia and Anticosti Island, Canada (Young 2010). The cores were used to construct a sequence of carbon-13 levels from rocks formed during the Ordovician. This was used as a proxy for atmospheric CO2 levels, at a much higher resolution than previous data. What they found was consistent with the strontium results in Young 2009 - CO2 levels dropped at the same time that sea surface temperatures dropped and ice sheets expanded. As the ice sheets grew to cover the continent, rock weathering decreased. This led to an increase in atmospheric CO2 which caused global warming and a retreat of the glaciers.
Thus arguments that Ordovician glaciation disproves the warming effect of CO2 are groundless. On the contrary, the CO2 record over the late Ordovician is entirely consistent with the notion that CO2 is a strong driver of climate.
Last updated on 26 June 2010 by John Cook.

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http://geology.gsapubs.org/content/33/2/109.short
The evidence partly comes from analysis of similar stars to our sun at different stages in their life cycle and well tested physics based models. Stars of a certain mass profile appear to display similar growth and fusion burn and brightness patterns, many have star spot cycle activity similar to our sun. I'll dig out some references.
Sorry "well tested" should be "well trusted"!
These are the two references that stood out in my memory. Minton 2007 is a good introduction, and explores the difficulties with the standard solar model and young sun model with regard to the very early climate, and Gudel 2007 gives a comprehensive exploration of models and other stars as well as the sun. Hope they are of interest.