Actually, it’s global cooling due to lack of sunspots.
Decreasesd sunspots are a sign of less solar magnetic activity.
Less solar magnetic activity means more cosmic rays hitting Earth.
More cosmic rays lead to more condensation of water molecules in the atmosphere, meaning more clouds (this is actually reproducible in a laboratory with appropriate apparatus, rather than unvalidated computer models).
More clouds mean more solar energy reflected back to space.
More solar energy reflected back to space means less hitting earth.
The remainder is left as an exercise to the student.
This was all anticipated. Fortunately, HAARP will address the cloud cover over North America and we’ll have the rest of the world by the short hairs. :)