(Continued) It turns out that the lizard breathes the air that it exhales, and does not store. And due to the fact that the exhaled air bubble is in the water, a small gas exchange occurs - carbon dioxide is removed from it, which gives the water anolis the opportunity to breathe such a bubble for about 15 minutes underwater, although usually two to three minutes are enough for this small (5-7 cm) lizard to escape from a predator.