Guys, let's have some perspective on what our current situation actually means in the long stretch of time.
The last time that there was a ~400 ppm level of CO2 (~3 million years ago) the sea level was about 25 meters(!) higher than now.
Also since that time the tundra in Russia and Canada have built up very large amounts of carbon (not existing 3 million years ago) that will absolutely push the level of CO2 well beyond 400 ppm even if all industry stopped now.
The shallow arctic sea bed methane hydrates WILL all be released as the temperature increases in the next few centuries. The deep water hydrates at lower latitudes will take a lot more work to release.
The worry about low oxygen levels in the article is that this means that bacteria will produce methane instead of carbon dioxide. The current and potential methane reservoirs are two different things.
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ETA: I guess that for a scientist to talk about how we already have 25+ meters of sea level rise baked in the cake for our distant (or maybe not so distant) ancestors will be used against the cause. It was very hard for me to wrap my head around this fact, and I am about the best situated mentally compared to most - I spent the time researching, am godless, no kids so not sentimental about them and so on. I still felt woozy when the realization hit me.
Good website with interactive sea level rise
http://geology.com/sea-level-rise/ interesting to see what will happen to Seattle eventually.