I think it might be an allusion to alchemy. Basically, the alchemists believed that ash (what was left after burning something) was the soul of all things...And-- this is where my complete lack of understanding about science shows-- I'm pretty sure Ash has lots of carbon? It's, you know, poetic. Many have claimed that poems are the "language of paradox" so it's okay for it to be a little non-literal. My interpretation of it, though, is that the soul is something impure that you must burn away, or maybe that the soul is polluted by our own words and behavior. It's definitely not meant to be scientifically accurate.
carbon's oxides are all gaseous at standard temperature and pressure
little carbon, then, not none
But not because “you are like a drop in the ocean,” but because “you are like an ocean in a drop.”
The idea of soul can be objectionable when it is based on an immortal being or on a vitalist life-force (like “anima” of the Latin). But it seems fine when it is based on the psyche (like the “Psuche” of the Greek).
I embrace taboo words like soul because they 1. are common 2. are useful for referring to things that seem pretty important (like avoiding soulless companies or products or buildings) and 3. are challenging to my normal (scientific) understanding of the world.
Still, I’d be more comfortable if the poem referred to the “carbon of our souls” rather than “carbon in our souls.” Hmm…