Hemoglobin (Hb), is the oxygen-transport metalloprotein which contains iron in the centre of its structure. This metalloprotein is found in the red blood cells (erythrocytes). The function of hemoglobin is to transport the oxygen through the blood carries from the lungs to the rest of the tissues. Oxygen is necessary for the aerobic respiration in order to provide energy for the functions of the organism (metabolism).
I say yes because with the Earth's "sunscreen" layer waring down, the heat of the sun; even if the hole was in the north pole, could overheat the earth causing a change in all environments including the desert.