My 12g cartridges have a printed upper temp limit of 120 deg F. Like others here, I have had them in my shiny black plastic bags in the summer heat of Palmdale, CA (read California high desert) without incident.
There is another item relating to CO2 that you might keep in mind. It has a different expansion characteristic than dry air does. It tends to increase its pressure MORE than air for the same increase in temperature ALL OTHER THINGS HELD THE SAME.
When you fill your tire with CO2 from a cartridge, the gas temperature at fill is pretty low. If you fill it to the std riding pressure, you could seriously over pressure the tire once it gets up to riding temp. Here is some interesting data:
Comparing air vs. CO2:
Working gas: dry air
Fill temp: 90 deg F
Fill pressure: 40 psi
Running temp: 130 deg F
Resulting pressure: 45.0 psi
Process: polytropic perfect gas with n = 2.5
Working gas: dry CO2
Fill temp: 50 deg F
Fill pressure: 40 psi
Running temp: 130 deg
Resulting pressure: 51.0 psi <---- see this...be advised!!
Process: polytropic perfect gas with n = 2.5
So anyway, keep the cold pressure down to somewhere between 30 & 35 psi during fill and replace with dry air when you get the chance. You might also want to recheck the pressure once everything has had a chance to stabilize thermally.
Cheers,
W2