Global Warming: Eyeballing the Data
If my interpretation is correct, there are two implications. One is that estimates of the rate of warming based on a period when the two effects were reinforcing each other will be too high. If we take 1940-2000 as one full cycle, the increase is just under .6°C, giving a trend of about .1°C/decade. That's one third as fast as the rate estimated in the first IPCC report, about half the rate estimated in later reports. If it holds, total warming by the end of the century, about half of which has already occurred, will be slightly under two degrees.
The other implication is that the current pause does not mean global warming is not real. If the pattern holds, warming will start again in about another fifteen years.