Theory #1;
Ocean acidification is the ongoing decrease in the pH of the Earth's oceans, caused by the uptake of carbon dioxide (CO2) from the atmosphere. Seawater is slightly basic (meaning pH > 7), and ocean acidification involves a shift towards pH-neutral conditions rather than a transition to acidic conditions (pH < 7). An estimated 30–40% of the carbon dioxide from human activity released into the atmosphere dissolves into oceans, rivers and lakes.
Fair enough, the small print explains that oceans are not becoming acidic, but less alkaline, and the actual theory stacks ...