Global warming causes global cooling!

Yada, yada, I don't believe any of this guff any more, the latest Shock! Horror! is that the Arctic Ice is melting* and that this will cause the oceans to cool down. As I live on a small island in the North Atlantic that is kept relatively warm for its latitude by the Gulf Stream, this, if true, would really piss me off. But by the same token, isn't this a glorious example of how the climate regulates itself?

See also "Global warming blamed for unusual cold spell", I shit ye not.

* Also from the article, this fascinating factoid: "Last winter, 15 million sq km of ice formed over the Arctic – a four per cent rise and the most since 2003".