Yes, you�re absolutely right - the reason that respiratory failure occurs is because of metabolic acidosis. This metabolic acidosis occurs because renal failure affects the ability of the kidneys to produce bicarbonate.
Renal failure also results in the inability of the kidneys to regulate other electrolytes, fluid and the acid-base balance in the body. This included the inability to concentrate the urine whilst maintaining an electrolyte homeostasis. In turn, this leads to volume and electrolyte overload, caused by salt and water intake exceeding losses and excretion leading to pulmonary uraemia and pulmonary oedema. These conditions are potentially fatal. Respiratory acidosis occurs as a result of the pulmonary oedema.
Bicarbonate production is reduced or prevented altogether in renal failure so it�s not possible to buffer against the fall in metabolic pH.
Bicarbonate therapy is not without its own problems. Concentrated solutions can cause extracellular fluid volume expansion, which can cause pulmonary oedema itself. Isotonic solutions can be unpredictable. The only certain methods of correcting acidosis are haemodialysis or haemofiltration.
Sorry, I was a bit vague earlier � I�d have gone into more detail if I�d known you were a nurse!