Much attention is focused today on predicting how plants will respond to anticipated changes in atmospheric composition and climate, and in particular to increases in CO(2) concentration. Here we review the long-term global fluctuations in atmospheric CO(2) concentration as a framework for understanding how current trends in atmospheric CO(2) concentration fit into a selective, evolutionary context. We then focus on an integrated approach for understanding how gas exchange metabolism responds to current environmental conditions, how it previously responded to glacial-interglacial conditions, and how it may respond to future changes in atmospheric CO(2) concentration.