While that view is very reasonable, I do consider that this is indicative of a long-term trend that will, in my view, produce a period of cooling for the next 30 years. As such, it is reasonable to keep track of this phenomenon as it unfolds so that more people can become aware that this is possible. The chart below shows the 12-month moving average global temperature anomalies for the actual data (from NOAA), for my own global temperature forecast based on the assumption of a cooling trend through 2038 counteracted by anthropogenic (human) warming caused primarily by greenhouse gas emissions and for Tamino's forecast as noted in other posts in this blog. Note that his forecast has been lagged one year so that it is directly comparable with the anomaly and anomaly forecast curves. Note also that my assumption of anthropogenic warming assumes that the climate sensitivity (or feedback effect) is zero and thus the position of the actual temperature anomaly above or below my forecast line potentially provides an indication of the actual climate sensitivity. The figure below shows the two forecasts and the actual temperature curve. The beginning date in the chart represents the approximate beginning of the current climate cycle:

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