http://en.wikipedia.org/wiki/Ocean_acidification
The ocean is a substantial sink for atmospheric CO2. Our best guess is that 1/3 of the CO2 we produced is absorbed by the ocean. As the ocean absorbs CO2, however, the pH of ocean water drops. Unfortunately, we don't know how this will affect all of the different species of marine life that live in the ocean, but early experiments show that shellfish in particular do not tolerate more acidic waters very well. Furthermore, there is reason to believe that the ocean's CO2 absorbing capabilities will decrease as the pH decreases, leaving us with even more CO2 in the atmosphere.
Basically, there are a whole lot of unknowns in the whole debate, many of which could have unpleasant (to say the least) consequences. Brushing the entire field of climate science aside and declaring that all of our problems can be solved by pumping sulfur dioxide into the atmosphere is wildly irresponsible.