Then there are those who argue physics is the major factor in ocean CO2 uptake:
http://phys.org/news/2012-07-discovery-carbon-southern-ocean.html
How about salting the Southern Ocean, increasing surface seawater density and 
sinking carbon rich water? Possibly less ecologically impactful than iron 
addition?
-Greg

________________________________________
From: [email protected] [[email protected]] On 
Behalf Of Andrew Lockley [[email protected]]
Sent: Sunday, July 29, 2012 9:54 AM
To: geoengineering
Subject: [geo] Why OIF (Dr. Margaret Leinen, Kevin Whilden, Dan Whaley, K. 
Russell LaMotte) 2009

http://www.climos.com/pubs/2009/Climos_Why_OIF-2009-03-12.pdf

Overview

The Fourth Assessment Report of Intergovernmental Panel on Climate
Change (IPCC) concluded that “It is
extremely likely that human activities have exerted a substantial net
warming influence on climate since 1750”
[Solomon et al., 2007], and that this “is having a discernible effect
on physical and biological systems at the
global scale” [Rosenzweig et al., 2007].  Starting with the Kyoto
Protocol, efforts to mitigate these effects have
focused on reducing carbon emissions.  Recent international
discussions focused on long term targets of
about 60-80% reduction in emissions by the year 2050 with the goal of
holding the total warming to 2°C
above pre-industrial temperatures to “limit the impacts of climate
change and the likelihood of massive
irreversible disruptions of the global ecosystem” [CEC, 2007].
However, analyses of the proposed emission
reduction frameworks suggest that these targets will be insufficient:
e.g., “If a 2.0°C warming is to be avoided
[by 2100], direct CO2 capture from the air, together with subsequent
sequestration, would eventually have to
be introduced in addition to sustained 90% global carbon emissions
reductions by 2050”[Weaver et al., 2007].
Furthermore, new observations show that the climate change impacts are
already greater than expected and
happening more rapidly than predicted [Tin, 2008].  These changes and
the potential for abrupt changes due
to climate feedbacks suggest that it will be necessary to remove
atmospheric CO2 as well as reduce
anthropogenic greenhouse gas (GHG) emissions in order to avoid even
more serious impacts.
It is widely accepted that the terrestrial biological carbon sink can
be enhanced to reduce atmospheric CO2
through forestation and agriculture practices.  However, the deep
ocean is the single largest reservoir of
mobile carbon on the planet, and ocean phytoplankton (microscopic
algae) are responsible for nearly half the
annual CO2 exchange and a majority of all carbon sequestered over
geologic time.
For decades, researchers have studied how the ocean takes up
atmospheric CO2 through the action of
phytoplankton that sequester carbon to the deep ocean as they
continually bloom, die, and sink (a process call
the “biological pump”).  A large body of oceanographic research (e.g.,
[Boyd et al., 2007; Martin and Fitzwater,
1988]) and the geologic record [Winckler et al., 2008] indicate that
the availability of iron, a micronutrient
essential to photosynthesis in all plants, limits the growth of
phytoplankton in large areas of the ocean.  Three
decades ago, John Martin and Steve Fitzwater proposed the “Iron
Hypothesis”, i.e. that the deliberate
addition of iron to stimulate phytoplankton growth could mimic the CO2
reduction during glacial maxima
measured in ice core samples [Martin and Fitzwater, 1988].  Since
1993, twelve open ocean experiments have
demonstrated that ocean iron fertilization (OIF) is one method of
increasing phytoplankton biomass and, potentially increasing carbon
sequestration.  Given the threat posed by rapid climate change and the
dominant role of the biologic pump in the Earth’s carbon cycle, it
seems important that we determine
conclusively whether the purposeful enhancement of oceanic carbon
sinks, as well as terrestrial ones, is a
possibility that is available to man—and what the impacts of doing so
might be.  This document discusses the
need for expanded research into OIF, highlights the key research
questions, and presents some ideas on how
this research can be conducted in an effective and environmentally
responsible manner.

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