It is a good concept but I am skeptical about creating "islands" of life. It will only serve as a way of aggregating fish in a local area, where commercial fishermen will then exploit. Good for their livelihood, but I doubt the long term result would help CO2 levels. Awesome post though... we need to keep pumping out the ideas, pun intended of course :)
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Actually, I kind of didn't state the main point of the tubes is to create more phytoplankton in the ocean. The phytoplankton produce oxygen and remove CO2 from the ocean water helping adjust the CO2 levels. The second video gives more information on how this works.