Ottawa Mike
2012-07-10 16:52:40 UTC
"We found that previous estimates of historical temperatures during the Roman era and the Middle Ages were too low,"
"Our results suggest that the large-scale climate reconstruction shown by the Intergovernmental Panel on Climate Change (IPCC) likely underestimate this long-term cooling trend over the past few millennia."
Press release: http://www.uni-mainz.de/eng/15491.php
The graph itself does not look like a hockey stick at all: http://www.uni-mainz.de/eng/bilder_presse/09_geo_tree_ring_northern_europe_climate.jpg
They also mention: "Such findings are also significant with regard to climate policy, as they will influence the way today's climate changes are seen in context of historical warm periods."
Note: This study used tree rings for proxy data and I have been skeptical of their use for temperature reconstructions. As well, the main author Dr. Jan Esper has been uncooperative in the past regarding the release of data, especially to Steve McIntyre. I would expect that McIntyre would audit this study just like he did Mann's and report any problems. So I'll wait to see if the results turn out to be robust but for now let's speculate that it may indeed by accurate.