Kinetic and mechanistic studies on the activation of dioxygen using iridium and platinum triphenylphosphine complexes via oxygenation-protonation (i.e. protonation of coordinated peroxide) and protonation-oxygenation (i.e. oxygenation of coordinated hydride) processes are described. Dioxygen is activated in the form of a dioxygen (peroxide) metal complex, which upon protonation produces H₂O₂ stoichiometricaUy. Oxidation of the oxidizable ligands or substrates sometimes occurs when free H₂O₂ is present in the reaction systems. The reversible oxygenation of trans-IrCl(CO)(PPh₃)₂ (eq. 1) has been re-examined at 25 °C to obtain data in benzene (k₁ = (3.4 ± 0.3) x 10⁻² M⁻¹s⁻¹, k₋₁= ~1.5 x 10⁻⁵ s⁻¹) and in dichloromethane (k₁ = (6.6 ± 0.3) x 10⁻...