Prior to the commercial nitrogen fertilizer production in 1919, all the world's terrestrial and aquatic carbon was supported by nitrogen fixation. Annual N deposition to semi‐arid lands and temperate forests is less than 5 kg/ha‐year and 10 kg/ha, respectively. Plant and soil C/N ratios range from 9.9 to 29.8 and 9 to 14, respectively. In an equilibrium, sustainable ecosystem where N is not removed from soil pools and is only dependent on annual N inputs, maximum C sequestration rates are approximately 3.25 kg to 46 kg/ha for arid ecosystems and 23 to 101 kg/ha for forest ecosystems. Commercial N applications range from approximately 70 to 160 kg/ha‐year. Managed nitrogen fixation rates range from approximately 50 to 130 kg N/ha‐year. For each additional kg N‐entering forests, the additional C is approximately 13 kg. N‐fixing plants range from alder and lupines in the arctic, to Prosopis and Acacias in semi‐arid lands and the large trees Inga and Pentaclethra in tropical rainforests. If N‐fixing plants achieving 50 kg N/ha‐year were planted on the equivalent of a 447 km square, on six continents, the IEA target of 1.7Gt CO2 (0.72 Gt of carbon) capture capacity by 2030 https://www.ief.org/news/whats‐the‐target‐for‐carbon‐sequestration‐and‐how‐do‐we‐get‐there could be achieved.