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The Great Oxidation Event, which occurred around 2.4 billion years ago, led to a significant increase in oxygen levels in Earth's atmosphere. This change had both positive and negative impacts on the environment. On the positive side, the increase in oxygen allowed for the development of more complex life forms that could utilize oxygen for respiration. However, the rise in oxygen also caused the extinction of many anaerobic organisms that could not survive in the new oxygen-rich environment. Additionally, the increase in oxygen led to the formation of ozone in the atmosphere, which helped protect life on Earth from harmful ultraviolet radiation.

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