Carbon dioxide (chemical formula CO2) is a naturally Occurring chemical compound composed of 2oxygen atoms bonded to a single carbon atom. It is a gas at standard temperature and pressure and exists in Earth's atmosphere in this state, as a trace gas at a concentration of 0.04 per cent (400 ppm) by volume, as of 2014. As part of the carbon cycle, plants, algae, Carbon dioxide is produced during the processes of decay of organic materials and the fermentation of sugars in beer and wine making. It is produced by combustion of wood,carbohydrates and major carbon and hydrocarbon-rich fossil fuels such as coal, peat, petroleum and natural gas. It is emitted from volcanoes, hot springs and geysers and is freed from carbonate rocks by dissolution in water and acids. CO2 is found in lakes, at depth under the sea and commingled with oil and gas deposits. The environmental effects of carbon dioxide are of significant interest. Atmospheric carbon dioxide is the primary source of carbon in life on Earth and its concentration in Earth's pre-industrial atmosphere since late in the Precambrian eon was regulated by photosynthetic organisms. Carbon dioxide is an important greenhouse gas and burning of carbon-based fuels since the industrial revolution has rapidly increased its concentration in the atmosphere, leading to global warming. It is also a major source of ocean acidification since it dissolves in water to form carbonic acid.