Massive El Nino brewing

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From the LATimes:

Some scientists say their measurements show that this year’s El Niño could be among the most powerful on record — and even topple the 1997 event from its pedestal.

“This thing is still growing and it’s definitely warmer than it was in 1997,” said Bill Patzert, climatologist with NASA’s Jet Propulsion Laboratory in La Cañada Flintridge. As far as the temperature readings go, “it’s now bypassed the previous champ of the modern satellite era — the 1997 El Niño has just been toppled by 2015.”

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Daniel Swain, a climate scientist at Stanford University, called the temperature reading significant. It is the highest such weekly temperature above the average in 25 years of modern record keeping in this key region of the Pacific Ocean west of Peru.

“This is a very impressive number,” Swain said, adding that data suggest that this El Niño is still warming up. “It does look like it’s possible that there’s still additional warming” to come.

“We’re definitely in the top tier of El Niño events,” Swain said.

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The South Oscillation Index also remains deep into El Nino territory, from the BOM:

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These levels are deep but not yet quite as alarming as 1997/8 yet:

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Still, it certainly looks like Australia’s ‘great rebabancing’ will have to do without agriculture next year.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.