In a new GRL paper, Svensmark et al., claim that liquid water content in low clouds is reduced after Forbush decreases (FD), and for the most influential FD events, the liquid water content in the oceanic atmosphere can diminish by as much as 7%. In particular, they argue that there is a substantial decline in liquid water clouds, apparently tracking a declining flux of galactic cosmic rays (GCR), reaching a minimum days after the drop in GCR levels. The implication would be that GCR can affect climate through modulating the low-level cloudiness. The analysis is based on various remote sensing products.
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