Our preferred theory, not because there is good independent evidence for it but because it would explain so much, and because it has a moral, is that the two causes are linked. The Chicxulub crater is very nearly opposite the Deccan Traps, on the other side of the planet. Perhaps volcanic activity in Asia began some millions of years before the K/T boundary, causing occasional ecological crises for the larger animals but nothing really final Then the meteorite hit, causing shockwaves which passed right through the Earth and converged, focused as if by a lens on just that fragile region of the planet's crust. (A similar effect happened on Mercury, where a gigantic impact crater called the Caloris Basin is directly opposite 'weird terrain' caused by focused shockwaves.)
There would then have been a gigantic, synchronized burst of vulcanism, on top of all the events of the collision, which would have been pretty bad on their own. The combination could have polished off innumerable animal species. In support of this idea, it should be said that another geological deposit, the Siberian Traps, contains ten times as much lava as the Deccan system, and it so happens that the Siberian Traps were kid down at the time of another mass extinction, the great Permian extinction, which we mentioned earlier. To pile on further evidence: some geologists believe they have found another meteorite impact site in modern Australia, which in Permian times was opposite to Siberia.
The moral of this tale is that we should not look for 'the' cause of the dinosaur extinction. It is very rare for there to be just one cause of a natural event, unlike scientific experiments which are specially set up to reveal unique explanations.
On Discworld, not only does Death come for humans, scythe in hand, but diminutive sub-Deaths come for other animals, for example the Death of Rats in Soul Music, from whom a single, typical quote will suffice: 'SQUEAK.'
The Death of Dinosaurs would have been something to see, with volcanoes in one hand and an asteroid in the other, trailing a cloak of ice ...
They were wonderfully cinematic reptiles, weren't they? Trust the wizards to get it wrong.
There is another lesson to be learned from our emphasis on the demise of the dinosaurs. Many other large and/or dramatic reptiles died out at the end of the Cretaceous, notably the plesiosaurs (famous as a possible 'explanation' of the mythical Loch Ness monster), the ichthyosaurs (enormous fish-shaped predators, reptilian whales and dolphins), the pterosaurs (strange flying forms, of which the pterodactyls appear in all the dinosaur films and are labelled, wrongly, dinosaurs), and especially the mosasaurs .,.
Mosasaurs?
What were they? They were as dramatic as the dinosaurs, but they weren't dinosaurs. They didn't have as good a PR firm, though, because few non-specialists have heard of them. They are popularly known as fish-lizards, not as good a name as 'terrible lizard', and it describes them well. Some were nearly as fish-like as ichthyosaurs, or dolphins, some were rather crocodile-like, some were fifty-foot predators like the great white shark, some were just a couple of feet long and fed on baby ammonites and other common molluscs. They lasted a good twenty million years, and for much of that time they seem to have been the dominant marine predators. Yet most people meet the word in stories about dinosaurs, assume that the mosasaur was a not-very-interesting kind of dinosaur, and promptly forget them.
The other really strange thing about the K/T extinction, probably not a 'thing' in any meaningful sense, because in this context a thing would be an equation of unknowns, whereas what we have is a diversity of related puzzles, is which creatures survived it. In the sea, the ammonites all died out, as did the other shelled forms like belemnites, unrolled ammonites, but the nautilus came through, as did the cuttlefish, squids, and octopuses. Amazingly the crocodiles, which to our eyes are about as dinosaur-like as you can get without actually being one, survived the K/T event with little loss of diversity. And those little dinosaurs called 'birds' came through pretty well unscathed. (There's a story here that we need to tell, quickly. Not so long ago, the idea that birds are the living remnants of the dinosaurs was new, controversial, and therefore a hot topic. Then it rapidly turned into the prevailing wisdom. New fossil discoveries, however, have shown conclusively that the major families of modern birds diverged, in an evolutionary sense, long before the K/T event. So they aren't remnants of the dinosaurs that otherwise died, they got out early by ceasing to be dinosaurs at all.)
Myths, not least Jurassic Park itself, have suggested that dinosaurs are not 'really' extinct at all. They survive, or so semi-fact semi-fiction accounts lead us to believe, in Lost World South American valleys, on uninhabited islands, in the depths of Loch Ness, on other planets, or more mystically as DNA preserved inside bloodsucking insects trapped and encased in amber. Alas, almost certainly not. In particular, 'ancient DNA' reportedly extracted from insects fossilized in amber comes from modern contaminants, not prehistoric organisms, at least if the amber is more than a hundred thousand years old.
Significantly, no one has made a film bringing back dodos, moas, pygmy elephants, or mosasaurs, only dinosaurs and Hitler are popular for the reawakening myth. Both at the same time would be a good trick.
Dinosaurs are the ultimate icon for an evolutionary fact which we generally ignore, and definitely find uncomfortable to think about: nearly all species that have ever existed are extinct. As soon as we realize that, we are forced to look at conservation of animal species in new ways. Does it really matter that the lesser spotted pogo-bird is down to its last hundred specimens, or that a hundred species of tree-snail on a Pacific island have been eaten out of existence by predators introduced by human activity? Some issues, like the importation of Nile Perch into Lake Victoria in order to improve the game fishing, which has resulted in the loss of many hundreds of fascinating 'cichlid' fish species, are regretted even by the people responsible, if only because the new lake ecosystem seems to be much less productive. Everyone (except purveyors of bizarre ancient 'medicines', their even more foolish customers, and some unreconstructed barbarians) seems to agree that the loss of magnificent creatures like the great whales, elephants, rhinos and of course plants like ginkgoes and sequoias would be a tragedy. Nevertheless, we persist in reducing the diversity of species in ecosystems all around the planet, losing many species of beetles and bacteria with hardly any regrets.
From the point of view of the majority of humans, there are 'good' species, unimportant species, and 'bad' species like smallpox and mosquitoes, which we would clearly be better off without. Unless you take an extreme view on the 'rights' of all living creatures to a continued existence, you find yourself having to pass judgment about which species should be conserved. And if you do take such an extreme view, you've got a real problem trying to preserve the rights of cheetahs and those of their prey, such as gazelles. On the other hand, if you take the task of passing judgment seriously, you can't just assume that, say, mosquitoes are bad and should be eliminated. Ecosystems are dynamic, and the loss of a species in one place may cause unexpected trouble elsewhere. You have to examine the unintended consequences of your methods as well as the intended ones. When worldwide efforts were made to eradicate mosquitoes, with the aim of getting rid of malaria, the preferred route was mass sprayings of the insecticide DDT. For a time this appeared to be working, but the result in the medium term was to destroy all manner of beneficial insects and other creatures, and to produce resistant strains of mosquitoes which if anything were worse than their predecessors. DDT is now banned worldwide, which unfortunately doesn't stop some people continuing to use it.