The research makes a more refined estimate of how much sulphur and carbon dioxide gas were ejected into Earth's atmosphere from vaporised rocks immediately after the Chicxulub event.
Scientists estimate more than three times as much sulfur may have entered the air compared to what previous models assumed, implying the ensuing period of cool weather may have been colder than previously thought.
The study lends support to the hypothesis that the impact played a significant role in the Cretaceous-Paleogene extinction event that eradicated nearly three-quarters of Earth's plant and animal species, according to Joanna Morgan, from the Imperial College London in the UK.
"We wanted to revisit this significant event and refine our collision model to better capture its immediate effects on the atmosphere," she said.
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The Chicxulub impact occurred 66 million years ago when an asteroid approximately 12 kilometers wide slammed into Earth. The collision took place near what is now the Yucatn peninsula in the Gulf of Mexico.
The asteroid is often cited as a potential cause of the Cretaceous-Paleogene extinction event, a mass extinction that erased up to 75 per cent of all plant and animal species, including the dinosaurs.
The dust and sulfur formed a cloud that reflected sunlight and dramatically reduced Earth's temperature.
The study, published in the journal Geophysical Research Letters, showed that the Earth's average surface air temperature may have dropped by as much as 26 degrees Celsius and that sub-freezing temperatures persisted for at least three years after the impact.
Scientists simulated the pressure of the shock waves created by the impact to estimate the amounts of gases released in different impact scenarios.
They changed variables such as the angle of the impact and the composition of the vaporized rocks to reduce the uncertainty of their calculations.
Previous study that modelled Earth's climate after the collision had assumed 100 gigatonnes of sulphur and 1,400 gigatonnes of carbon dioxide were ejected as a result of the impact.