Re: No Surprise
Yes, you are indeed missing something.
The "hiatus" in global warming the last decade or so has now been scientifically explained, independently by researchers in Australia and in Canada.
As most of us know by now, the average yearly global temperature is predicted, to about 90+% accuracy, by the level of CO2 in the air. But there are two other factors that moderate this secular trend: Oceanic currents (e.g., El Nino) and major volcanic events. These two last factors have impacts that last anywhere from 2 to 10 or more years, and then die out.
As a result of these factors, every 20 to 50 years, there is a "hiatus" that temporarily halts the upward climb in average global temperatures. The latest one has recently been shown to be completely consistent with this phenomenon.
Of course, it has been seized upon by the oil industry and their cadre of climate change deniers to attempt to discredit science.
Here's a small reference to get you started: