It should be pointed out that no one has suggested that sanity breaths are going to resolve a CO2 hit.
In fact it was mentioned that a significant CO2 hit may well result in the diver blowing through all his bailout on the exit - with the result that divers who have experienced a CO2 hit tend to carry lots of bailout gas relative to divers who have not.
As noted by someone above, the technology has so far bene difficult to put in the moist environment of a rebreather.
The focus is however on prevention in terms of ensuring proper maintenance, properly packing the scrubber, and paying close attention to scrubber duration and factors that may shorten it, such as work load and water temperature. Colder temperatures significantly decrease scrubber efficiency, and thus duration.
Some companies also do scrubber tests under controlled conditions to determine scrubber duration under what are pretty conservative conditions, that then produce fairly conservative estimates that can be used for planning purposes.
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The risks are different with CCR compared to OC and whether the total risk is greater or not probably depends on your diving, as well as on some personal traits of the diver.
CCR has some advantages over OC in terms of reducing decompression relative to OC, and knowing that gas isn't an issue, and that you have much more time to work a problem if needed is a big stress reliever.
A CCR diver can also drop stages with bailout gas that are never actually used on dives that would otherwise require those stages to be used (and replaced) on each and every dive, and if you're going to be diving in a system for awhile, pre-placing the bailout gas can greatly reduce the set up required for a series of dives, compared to OC stage diving and that reduction in set up dives, reduces some overall risk.
On the other hand, if you are not meticulous about maintenance, don't bother to fully understand how the unit works, don't fully understand the possible failure modes, don't conservatively plan for possible failures, and don't have the self discipline to turn a dive early, abort a dive, or call a dive on the surface at the last minute if the unit has a failure, then rebreather diving just isn't something you should be doing.
Two people I knew personally have died on rebreathers because they dove with known flaws. In that regard, their deaths were 100% preventable, yet they show as CCR deaths in the statistics. Do you blame the rebreather and conclude that CCR is just dangerous, or do you conclude that perhaps the potentially increased danger lies in how some people choose to dive the rebreather?
A related issue is that many divers are doing dives on CCR that they would never do on OC due to the logistics involved, so in one respect CCR may be more dangerous because it makes longer, deeper dives more practical, and thus more common. In other words, if more divers are doing longer, deeper dives that are more stressful and or carry greater risk in general, as those dives are more practical on CCR, then increased accident rates on CCR may be due in part to the greater risk overall on those dives, regardless of whether they were one on OC or CCR.