Since the flood was accompanied by much volcanism (see Noah's Flood…, How did animals get from the Ark to isolated places? ), fossils formed in the early post-flood period would give radiocarbon ages older than they really are.
In summary, the carbon-14 method, when corrected for the effects of the flood, can give useful results, but needs to be applied carefully.
Anything over about 50,000 years old, should theoretically have no detectable C.
The strength of the Earth's magnetic field affects the amount of cosmic rays entering the atmosphere.
A stronger magnetic field deflects more cosmic rays away from the Earth.
To derive ages from such measurements, unprovable assumptions have to be made such as: There is plenty of evidence that the radioisotope dating systems are not the infallible techniques many think, and that they are not measuring millions of years. For example, deeper rocks often tend to give older “ages.” Creationists agree that the deeper rocks are generally older, but not by millions of years.
Geologist John Woodmorappe, in his devastating critique of radioactive dating, points out that there are other large-scale trends in the rocks that have nothing to do with radioactive decay.
Clearly, such huge time periods cannot be fitted into the Bible without compromising what the Bible says about the goodness of God and the origin of sin, death and suffering—the reason Jesus came into the world (See Six Days? He said, This only makes sense with a time-line beginning with the creation week thousands of years ago.