The Earth is warming dramatically at a steady rate, and most of the extra heat is going into the oceans
Energy absorbed by the Earth 1970-2010 - Most of the heat is going into the oceans
As a result of the increase in atmospheric CO2, the Earth has been absorbing an excess of about 8 zeta joules of energy/year (the equivalent of a 50 megaton nuclear bomb being exploded every 15 minutes), with almost all of the energy going in to warming the oceans.

(Box 3.1 Fig 1) Plot of energy accumulation in zettajoules within distinct components of Earth’s climate system relative to 1971 and from 1971–2010 unless otherwise indicated. Ocean warming (heat content change) dominates, with the upper ocean (light blue, above 700 m) contributing more than the deep ocean (dark blue, below 700 m; including below 2000 m estimates starting from 1992). Ice melt (light grey; for glaciers and ice caps, Greenland and Antarctic ice sheet estimates starting from 1992, and Arctic sea ice estimate from 1979–2008); continental (land) warming (orange); and atmospheric warming (purple; estimate starting from 1979) make smaller contributions. Uncertainty in the ocean estimate also dominates the total uncertainty (dot-dashed lines about the error from all five components at 90% confidence intervals).
The oceans have a huge thermal mass compared to the atmosphere and land surface. They act as the planet’s heat storage and transportation system, as the ocean currents redistribute the heat. This is important because if we look at the global surface temperature as an indication of warming, we’re only getting some of the picture. The oceans act as a huge storage heater, and will continue to warm up the lower atmosphere (no matter what changes we make to the atmosphere in the future).
Source: johncarlosbaez
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