That sounds crazy, considering we pump out +10Gigatons of CO2 per year as it is. But, does the science actually make sense in that if we actually did that, we'd end up with less CO2 in the atmosphere, and subsequently the oceans? That would seem to make this a great tool (possibly among many) to clean up our mess once/if/when we stop putting so much CO2 out there in the first place.
Edit: I do wonder if this process would raise the alkalinity of the ocean too much in the other direction. I can't find the info on this on their site, there is so much to read!