History of Earth the late Paleozoic. The Mesozoic ("middle life") era lasted from 251 Ma to Ma. It is subdivided into the Triassic, Jurassic, and Cretaceous periods. The era began with the Permian–Triassic extinction event, the most severe extinction event in the fossil record; 95% of the species on Earth died out. It ended with the Cretaceous–Paleogene extinction event that wiped out the dinosaurs.. The Cenozoic ("new life") era began at Ma, and is subdivided into the Paleogene, Neogene, and Quaternary periods. These three periods are further split into seven sub-divisions, with the Paleogene composed of The Paleocene, Eocene, and Oligocene, the Neogene
Cretaceous local subdivisions are still in use. As with other older geologic periods, the rock beds of the Cretaceous are well identified but the exact age of the system's base is uncertain by a few million years. No great extinction or burst of diversity separates the Cretaceous from the Jurassic. However, the top of the system is sharply defined, being placed at an iridium-rich layer found worldwide that is believed to be associated with the Chicxulub impact crater, with its boundaries circumscribing parts of the Yucatán Peninsula and into the Gulf of Mexico. This layer has been dated at 66.043 Ma.