One possible explanation is that perhaps oxygen levels during that time period
fluctuated greatly creating a «yo yo»
atmosphere: Going
from oxygenless before 3 billion
years ago
to oxygenated between 3 billion and 2.75 billion
years ago and then back
to oxygenless
from 2.75 billion
to 2.4 billion
years ago.
Samples of gas trapped in ice cores taken
from the Greenland and Antarctic ice sheets have enabled scientists
to determine that the level of CO2 in the
atmosphere has
fluctuated between approximately 180 ppm (glacial advance and colder climate in the higher latitudes) and 280 ppm (glacial retreat and warmer climate in the higher latitudes), over the past 400,000 or more
years.