Detailed Solution:
The correct answer is “Both 1 and 2”.
The Deep Carbon Observatory (DCO) is a global research initiative focused on understanding the role of carbon in Earth's deep interior. It explores carbon's forms, quantities, movements, and origins beneath the Earth's surface.
The DCO also conducts research on deep microbial ecosystems, studying life forms in extreme environments deep below the Earth's surface, where carbon plays a crucial role in sustaining microbial life.