Water vapor, while being a much more powerful greenhouse gas, cannot drive climate change, due to its limited duration in the atmosphere (a few days) and its massive regional variability. However, it can act as a strong feedback mechanism to reinforce warming driven by CO2 which is atmospherically well mixed and remains in the atmosphere for upwards of a hundred years.
Also, if you plot surface temperature data from any of the respected sources (UAH, RSS, NASA GISS, HadCRUT) from 1999-2008, you will see that the temperatures have indeed continued to rise. The common misconception that it stopped in 1998 is propagated by those who include the anomaly year of 1998 where temperatures were driven to record levels on top of anthropogenic influences by the "El Nino of the Century". Even noting the leveled temperature graph including 1998, it's worth considering that we are reaching temperatures on par with 1998, except now they are being reached during a solar minimum and a La Nina set of conditions, both of which tend to drive temperatures down. Global temperatures are still warming.









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