Having a lot of carbon around gives you a reducing environment (consumes oxygen). The world definitely has both carbon and oxygen.
One thing I do know. Clever wordsmithing does not equal science. It may be rhetoric, it may be poetry, but it does not equal science. Science would care about everything, not just a narrow line of narrative.
It seems to me, though, that we have so *little* carbon in our atmosphere (CO2 is 400 ppm, which is only 0.04% --- compared to O2, which is 21% or thereabouts.) It's hard for me to see how that little carbon dioxide effectively keeps enough plant biomass alive to keep up our rather astounding oxygen levels.
Does that make sense?