There has been an unusual surge of interest in the climate sensitivity based on the last decade’s worth of temperature measurements, and a lengthy story in the Economist tries to argue that the climate sensitivity may be lower than previously estimated. I think its conclusion is somewhat misguided because it missed some important pieces of information (also see skepticalscience’s take on this story here).
While the Economist referred to some unpublished work, it missed a new paper by Balmaseda et al. (2013) which provides a more in-depth insight. Balmaseda et al suggest that the recent years may not have much effect on the climate sensitivity after all, and according to their analysis, it is the winds blowing over the oceans that may be responsible for the ‘slow-down’ presented in the Economist.
- M.A. Balmaseda, K.E. Trenberth, and E. Källén, "Distinctive climate signals in reanalysis of global ocean heat content", Geophysical Research Letters, vol. 40, pp. 1754-1759, 2013. http://dx.doi.org/10.1002/grl.50382