What's wrong with this picture ?

From The International Climate Science Coalition And a further excerpt from their letter challenging the IPCC to explain the discrepancy between predicted behavior of the earth and Mother Gaia's demonstrated ability to ignore scientists predictions and do what she pleases.

We draw your attention to three observational refutations of the IPCC position (and note there are more). Ice- core data from the ACIA (Arctic Climate Impact Assessment) shows that temperatures have fallen since around 4,000 years ago (the Bronze Age Climate Optimum) while CO2 levels have risen, yet this graphical data was not included in the IPCC Summary for Policymakers (Fig. SPM1 Feb07) which graphed the CO2 rise. More recent data shows that in the opposite sense to IPCC predictions world temperatures have not risen and indeed have fallen over the past 10 years while CO2 levels have risen dramatically. The up-dated temperature measurements have been released by the NASA’s Microwave Sounding Unit (MSU) [1] as well as by the UK’s Hadley Climate Research Unit (Temperature v. 3, variance adjusted - Hadley CRUT3v) [2]. In parallel, readings of atmospheric concentrations of CO2 have been released by the Mauna Loa Observatory in Hawaii [3]. They have been combined in graphical form by Joe D’Aleo [4], and are shown below.

The entirety of the letter can be found here I am paying $3.60 for gas now and the Goreacle et al want me to pay $6.00 so I look at that picture and ask "Fuwhat ?" Crossposted at Redstatet