That us in fact what the cuttent debate is about. The grids for pH/KH/CO2 assume that all alkalinity is bicarbonate and that there are no, repeat no, organic acids in the water. In some natural waters, at least the first of those conditions apply, in some the second may apply. With municipal water system water and established tanks with fish, plants, and with myriad supplements, it would be the rare case for both to apply, but frequently the two are not far enough off to make the grid worthless. Unfortunately, for many folks' tanks, the grid is a dream, giving a meaningless numbers.
At the moment, perhaps the most realistic reading is be taking the pH of the tank, collecting a sample of the water and allowing it to age 24 hours and then checking that sample pH. If there is a log difference (one full pH step, say pH 7.0 in the tank, 8.0 in the 24 hour sample), then you had ~30 ppm CO2 in the tank at the measure the previous day.
This requires high accuracy from the tests, so a calibrated pH probe is about the only effective device for such tests.