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The global temperature trends since then have followed not rising CO2 trends but the ocean temperature cycles of the Pacific Decadal Oscillation (PDO) and the Atlantic Multidecadal Oscillation (AMO).
FORBES: To The Horror Of Global Warming Alarmists, Global Cooling Is Here
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But by the Berkeley team's analysis, the global temperature correlates more closely with the state of the Atlantic Multidecadal Oscillation (AMO) index - a measure of sea surface temperature in the north Atlantic.
BBC: Global warming 'confirmed' by independent study
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"There is other research out there pointing out that this storage may be part of a natural cycle that will eventually reverse, either due to El Nino or the so-called Atlantic Multidecadal Oscillation, and therefore may not imply what the authors are suggesting, " he said.
BBC: Science & Environment