Calera's plan is to create aggregate for concrete using the seawater/CO2 capture process described.
But aggregate isn't the culprit, the production of cement (the powdery substance) is the big CO2 problem, aggregate can be gravel or glass or any solid chunks of filler.
And, yes, the worldwide production of cement (not concrete) is a huge contributor to the CO2 problem.
"Climate
Cement manufacture contributes greenhouse gases both directly through the production of carbon dioxide when calcium carbonate is heated, producing lime and carbon dioxide<13>, and also indirectly through the use of energy, particularly if the energy is sourced from fossil fuels.
The cement industry produces 5% of global man-made CO2 emissions, of which 50% is from the chemical process, and 40% from burning fuel.<14> The amount of CO2 emitted by the cement industry is nearly 900 kg of CO2 for every 1000 kg of cement produced. <15>
Newly developed cement types from Novacem<16> and Eco-cement can absorb CO2 from ambient air during hardening.<17>"
http://en.wikipedia.org/wiki/Cement#Climate