49.35 North
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#2. You're WAY off base. How can you say that the Rainforests don't absorb Co2, but that algae growth/photosynthesis does? They both absorb Co2, in the same manner. Most of the Co2 that is absorbed by the Rainforests, as well as other forests and all plant life, is NOT released, at night, but is trapped within the plant, as it grows.
As you said, it would be nice, if people, including yourself, would read about topics, before posting things, as if they were facts
A plausible argument as far as it goes, but you have to ask what happens when the tree dies or gets eaten. CO2 (and possibly methane) is released when plants decay and CO2 is released by the respiration of the herbivores that eat them. I don't think the science is completely settled on this, and when I last talked to experts (at the Canadian Forestry Service) about this there was some suspicion that the boreal forests might actually be net emitters, but overall forests are close to being carbon neutral.
Planting trees where there aren't any is a different matter, so re-forestation is a carbon sink. Chopping trees down and making them into houses creates a sink too, as long as the forest is re-planted, but there's less house building these days than there used to be.
Oceans are a different matter. Sea shells lock up carbon and get washed into the deep ocean by storms and currents, creating a durable sink. Plankton in the open ocean drifts to the deep sea bed when it dies, again creating a durable sink. This means there's a risk of a nasty feed-back cycle, as global warming and ocean acidification damage the ocean and hurt its ability to sequester carbon, leading to more global warming and more ocean acidification.
There's a good explanation of all of this on the NASA website.