Fifty-six million years ago Earth experienced rapid global warming (~6°C) that was caused by the release of large amounts of carbon into the ocean-atmosphere system. This Paleocene-Eocene Thermal Maximum (PETM) is often cited as an analogue of anthropogenic climate change. Many trigger mechanisms for the carbon release at the PETM have been proposed. Common to all scenarios is rapid release of isotopically light carbon (< 13 C/ 12 C values) from methane hydrates, terrestrial or marine organic matter, as indicated by a pronounced excursion to light carbon isotope values across the PETM. I test the hypothesis that the PETM warming and isotope excursion were caused by the intrusion of a magmatic sill complex into organic-rich sediments in the North Atlantic. The intrusion of magma into sedimentary rocks will cause heating and metamorphic reactions in a thermal aureole around the intrusion. If these sediments are rich in organic matter, large volumes of isotopically light carbon are rapidly released. I examine geochemical evidence from lead, osmium, and organic carbon to place constraints on the extent the carbon isotope excursion during the PETM may have been caused by contact metamorphism of organic-rich sediments. Potential terrestrial and submarine analogs are examined to determine the behavior of these elements during thermal alteration. Furthermore, geochemical evidence from sediment cores at the PETM provides additional information about what might have caused the carbon isotope excursion. I find that lead is not a suitable proxy for carbon mobilization to the overlying seawater during contact metamorphism. Osmium, however, is mobilized together with carbon. Making reasonable assumptions for the 187 Os/ 188 Os of the sediments from the North Atlantic Magmatic Province (NAMP), constrained by the 187 Re/ 188 Os of organic-rich sediments and the depositional age of the sediment, the entire marine osmium isotope anomaly at the PETM could be explained without the need to invoke enhanced continental weathering. Based on estimates of the extent of mobilization of organic carbon relative to osmium, approximately 47% to 60% of the carbon released at the PETM may have been derived from thermal alteration of organic-rich sediments in the NAMP.