to answer ur question it's both yes and no. if u have slow growing low light plants u dont need c02 or alot of light, they will stay alive but will not thrive.
now if u have good lighting with no c02 or ferts u will have an algae problem. if u have good lighting, ferts, but no c02 u might have an algae problem. if u have good lighting, c02, but no ferts u might have an algae problem.
i hope u see where im goin with this.
c02, lighting, and ferts all provide the essential plants need to grow and thrieve. if u dose ferts but not c02 the plants wont be takin advantage of all the nutrients and will leave excess, this excess will be left for the algae and then the algae will start to out compete the plants.
ive hopefull explained the need for c02 but im sure i over simplified everything and missed a couple key points.
read this article:
http://www.rexgrigg.com/
lot of good info on the site, explains in better detail why ur actually injecting c02 and ferts.
p.s. phanmc congrats on ur 1k post
p.s.s. weene858 how does ur recipe taste....looks yummy lol