No.
Almost every "news" report uses glacier retreats to prove that Global Warming is real.
As a result, there are now numerous web sites that explain that this is just bunk.
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Most Global Warming reports claim that the worlds glaciers are shrinking - but 90% of the total ice mass actually growing.
Glaciers are moving rivers of ice - and many (not all) of these are shrinking.
However, over 90% of the Earth's ice is located in non-moving ice caps - and these are increasing mass.
In fact, the reason that glaciers grow or shrink is not well understood and facts related to this should NOT be used to argue either side of Global Warming.
Also, if all the alpine glaciers that are used in these reports completely disappeared, there would be little or no sea level change - there really is not that much ice involved.
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Retreating glaciers do not directly indicate global warming ... they actually indicate expanding deserts.
Glaciers shrink because the rate of water addition is less than the rate of water loss. This can be caused
By warming the glacier so that it melts faster
By reducing the amount of snow added at the top
By increasing the rate of sublimation (direct loss of water to the atmosphere without melting it first)
I used the word "directly" above because it is not the fact that glaciers get warmer that makes them retreat. Instead, it is the change in weather patterns - specifically, the change to the amount of snow added to the glacier. Now this could be caused by either Global Warming OR Global Cooling - both will affect where snow (and rain) fall.
Thus, if the amount of snow added to the top of a glacier is reduced, then the glacier will move slower. However, since the leading edge of the glacier continues to melt at the same rate as before, the leading edge will retreat.
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Dr. R. J. Braithwaite, (School of Geography, University of Manchester, England) published "Glacier mass balance: the first 50 years of international monitoring" - abstract.
There is no sign of any recent global trend towards increased glacier melting
Alpine glaciers are generally shrinking, Scandinavian glaciers are growing, and glaciers in the Caucasus are close to equilibrium for 1980-95.
I have not read this article (because it costs $38), but it is referenced on several other pages - so I will quote those.
Reference
Braithwaite, R.J. 2002. Glacier mass balance: the first 50 years of international monitoring. Progress in Physical Geography 26: 76-95
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tsaugust.org
tsaugust.org is a well written, anti-global warming, site with lots of good data. Glaciers and Global Warming quotes Dr. R. J. Braithwaite - but it isn't clear if all the facts come from that source.
There are 160,000 glaciers in the world
Of those, only 200 have mass balance data for one year or more
Of those, only 115 have at least five years of data
Of those, only 42 have at least ten years of data
In an analysis of mass balance in Arctic glaciers, it was found that the rate of loss of mass has decreased in the recent past, a period in which increasing amounts of CO2 should have resulted in faster loss of mass if there were a direct correlation between global warming, CO2 and loss of mass in glaciers.
Mt Kilimanjaro has lost 80% of its glacier since 1912. Findings recently published by Nature indicate that the loss of forests on Kilimanjaro’s foothills has been the cause of the glaciers demise. The lack of humidity from the forests to replenish and sustain the glacier has resulted in the glacier melting under the equatorial sun. Furthermore, satellite temperature readings taken since 1979 show no increase in the temperature of the troposphere in the Kilimanjaro region. (additional reference)
Basically, trying to predict 100,000 years of climate change using only 10 years of data collected from 42 glaciers that are conveniently close to where people live seems a little ridiculous. It is kind of like trying to predict the Dow for the next year based on observing 4 random, non-Dow, stocks for about 10 minutes.