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Climate Report Downgrades Ice Loss; Media Reports Opposite

"A new scientific report from the U.S. Climate Change Science Program has sharply reduced earlier estimates of global ice loss. The CCSP, which coordinates the efforts of 13 different federal climate agencies, has released updated figures estimating combined ice loss from Antarctica and Greenland at 48 cubic miles per year..." http://www.dailytech.com/Climate+Report+Downgrades+Ice+Loss+Media+Reports+Opposite/article13797.htm

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"48 cubic miles per year", if accurate, is nothing, considering the vastness of the world's oceans

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From the piece I posted: "...updated figures estimating combined ice loss from Antarctica and Greenland at 48 cubic miles per year..."

That's ICE volume, not water volume. Water in the frozen state takes up more volume than in the liquid state. So global sea level change from this amount would be about knee-high to a beetle bug.