And the Cretaceous ELE was pretty “mild” for an ELE. “Only” about 17% of families and 80% of species died off. Meanwhile the Permian ELE or “Great Dying” killed off 57% of families and 96% of species. The Permian is the closest we came to losing all life on Earth and we really don’t know why. It does seem to be a slow event that happened over 200,000 years rather than in an instant like the Cretaceous meteor. Makes you wonder if any of those Permian mammals were intelligent and killed off the Earth the way we are heading.
In my Geophysics class we actually discussed the similarities/differences between the Permian and KT events and my professor said that there's a small contingency of researchers that think the Permian was also caused by asteroid/comet also. Even though it's very widely believed that it was caused by a massive volcanic event (Siberian traps), some think that an asteroid was also to be blamed.......but it hit at such a acute angle (just 5 degrees or so) that it skipped off the Earth and because of it's speed that it actually continued on it's way (which is why there's no crater). But it removed enough of the crust to start the Siberian traps.