ABSTRACT. The transition from the extreme greenhouse of the early Paleogene (ϳ52 Ma) to the present-day icehouse is the most prominent change in Earth's Cenozoic climate history. During the late Middle Eocene climate transition (42-38 Ma), which preceded the onset of long-lived, continental-scale ice sheets, there is concordant evidence for brief pulses (<1 m.y. in length) of global warmth and ice sheet growth but few constraints on atmospheric CO 2 . Here we estimate the concentration of atmospheric CO 2 during this critical interval using stomatal indices of fossil Metasequoia needles from ten levels in an exceptionally well-preserved core from the Giraffe kimberlite locality in northwestern Canada. Reconstructed CO 2 concentrations are mainly between 700 to 1000 ppm, but include a secular decline to 450 ppm towards the top of the investigated section. Because the CO 2 threshold for nucleating continental ice sheets at this time was ϳ500 to 750 ppm, the CO 2 decline is compatible with a rapid (<10 4 yrs) transition from warm, largely ice-free conditions to cooler climates with ice sheets. These fossils provide direct evidence that high-latitude deciduous forests thrived in the geological past under CO 2 concentrations that will likely be reached within the 21 st century (500-1000 ppm).