Coral reefs are net sinks for C, principally as CaCO 3 accretion. It is possible to predict quite accurately the rate of production, given adequate information about any particular reef environment. The best data set for an extensive region is that for the Great Barrier Reef (GBR). Careful analysis of this region and the incorporation of previously documented present day system calcification rates suggest net production ( G) from G = 1 (kg CaCO 3 m −2 yr −1) for fringing reefs, to G = 1.9 for planar (infiled platform) reefs, G = 3 for ribbon reefs and lagoonal reefs. The 20,055 km 2 of reefs in the GBR are thus estimated to average G = 2.4, resulting in a total production of ∼ 50 million tonnes yr −1. In a 50–100 year Greenhouse scenario of rising sealevel, we predict that recolonisation of present day reef flats will be extensive and prolific. Production will increase substantially, and this could be by as much as ∼ 40% (ranging from 0% for deep shoals to 180% for fringing reefs) to give ∼ 70 million tonnes yr −1 if the rate of sealevel rise reaches or exceeds 6–8 mm yr −1 We estimate 115,000 km 2 of oceanic atolls worldwide. Drawing on points equivalence from the detailed analysis of the GBR, we estimate the atolls presently produce 160 million tonnes yr −1. We predict that a similar ∼ 40% increase could be possible in the next 100 years or so resulting in a production of 220 million tonnes. Accepting an existing estimate of 617,000 km 2 for reefs worldwide, drawing from our projections from the GBR and the atolls, and making some assumptions about the remaining reef types (we suggest fringing reefs to dominate) we estimate global reef production at the present time to be ∼ 900 million tonnes yr −1. Within the next 100 years or so, we suggest this rate could almost double to ∼ 1800 million tonnes. In the long term (several centuries) we predict that the continuing trend of recolonisation, particularly of fringing and planar reefs could result in the production of > 3000 million tonnes yr −1 if rates of sealevel rise approaching or exceeding 6–8 mm yr −1 are achieved. Eventually (> 500 yr), reefs could actually “drown” due to inability to match the rate of sealevel increase if that rate significantly exceeds 6–8 mm yr −1. Thus, coral reefs at present act as a sink for 111 million tonnes C yr −1, the equivalent of 2% of present output of anthropogenic CO 2. In the short term Greenhouse scenario (100 yr) we predict this could increase to the equivalent of ∼ 4% of the present CO 2 output. In the much longer term (several centuries), if all trends continue, this could increase to the equivalent of as much as ∼ 9% of the present CO 2 output. Unfortunately, we also predict that this considerable sink for C will be most likely of negative value in alleviating Greenhouse because of the immediate effect of CaCO 3 precipitation is to raise the P CO 2 of the surface oceans — ie, ot encourage CO 2 efflux to the atmosphere. We do not attempt to quantify this effect. Other Greenhouse changes such as seawater temperature increase, changes in cloud cover, increased rainfall and runoff, increased storm activity, and changes in dissolved CO 2 concentration and surface ocean circulation may complicate the reef response. However, we suggest that sealevel rise will be the dominant influence, at least during the next 100 years or so.