“…Much of our knowledge of this important carbonate realm is based on heterozoan carbonates (James, 1997) deposited in an array of shelf settings along the Southern Ocean margins of Australian and New Zealand, the largest area of active cool‐water accumulation on the globe (Nelson, 1978; James & von der Borch, 1991; James et al ., 1997, 1999, 2001; Feary et al ., 2000). The majority of Cenozoic heterozoan carbonates documented to date are also interpreted as open shelf accumulations (Lowry, 1970; David et al ., 1972; Barrier et al ., 1989; James & Bone, 1991; Boreen & James, 1995; Spjeldnaes & Moissette, 1997) analogous to the temperate margins of New Zealand and southern Australia (Wass et al ., 1970; Nelson, 1978, 1988; Nelson et al ., 1988; James et al ., 1992, 1994, 2001; Boreen & James, 1993). Similar modern cool‐water carbonates occur in northern latitudes along exposed coastlines of Europe (Boillot, 1965; Wilson, 1988) and Pacific Canada (Nelson & Bornhold, 1983) and above the Arctic Circle on storm‐swept temperate banks (Henrich et al ., 1997).…”