The global temperature trends since then have followed not rising CO2 trends but the ocean temperature cycles of the PacificDecadalOscillation (PDO) and the Atlantic Multidecadal Oscillation (AMO).
Much of the variability in global TC ACE is explained by the concomitant changes or evolution in the character of the El Nino Southern Oscillation (ENSO) and PacificDecadalOscillation (PDO).
Instead, the temperature record shows an up and down pattern that follows the pattern of natural influences on global temperatures, such as cyclical sunspots and solar flares, and cycles of ocean churning from warmer to colder temperatures and back, such as the PacificDecadalOscillation (PDO).