In general, an increase in light intensity will accelerate the
rate of photosynthesis, provided that no other factor is limiting.
Sometimes, high light intensities oxidise the chlorophyll, hence
inhibits the rate of photosynthesis. This phenomenon is known as
photo-oxidation. On the contrary, the process of uptake of oxygen and
production of carbon dioxide in light by photosynthesizing tissue is
called photorespiration. A large proportion of CO2 assimilated by
photosynthesis is lost through photorespiration.