Carbon dioxide in Earth's atmosphere initial carbon dioxide in the atmosphere of the young Earth was produced by volcanic activity, modern volcanic activity releases only 130 to 230 megatonnes of carbon dioxide each year. These natural sources are nearly balanced by natural sinks, physical and biological processes which remove carbon dioxide from the atmosphere. For example, some is directly removed from the atmosphere by land plants for photosynthesis and it is soluble in water forming carbonic acid. There is a large natural flux of into and out of the biosphere and oceans. In the pre-industrial era these fluxes were largely in balance. Currently about 57%
Carbon fixation an electron donor—as a source of reducing power. The release of free oxygen is a side-effect of enormous consequence. The first step uses the energy of sunlight to oxidize water to O, and, ultimately, to produce ATP and the reductant, NADPH In the second step, called the Calvin cycle, the actual fixation of carbon dioxide is carried out. This process consumes ATP and NADPH. The Calvin cycle in plants accounts for the preponderance of carbon fixation on land. In algae and cyanobacteria, it accounts for the preponderance of carbon fixation in the oceans. The Calvin cycle converts carbon dioxide into