Phytoplankton are microscopic algae that float in the ocean currents, they are similar to terrestrial plants in that they contain chlorophyll and require sunlight in order to live and grow. Phytoplankton also require inorganic nutrients such as nitrates, phosphates, and sulfur which they convert into proteins, fats, and carbohydrates. Phytoplankton are at the base of the marine food chain and are one of the most important life forms in the ocean, as it determines the amount of other marine life from small crustaceans (such as krill) to fish to seabirds, seals and whales. Phytoplankton produces 70% of the oxygen in the atmosphere and helps regulate atmosphere by fixing CO₂, nitrogen.