There are many other forms of radiometric dating, though. Uranium-lead dating has proven relatively accurate for periods of time between 1 million to 4.5 billion years ago.
Note: I'm not a geologist. I remembered that carbon was only effective for a few thousand years from a geology course I had in college, but all of this information is actually taken from articles on wikipedia: http://en.wikipedia.org/wiki/Radiometric_dating