A recent study out of Norway shows global warming has levelled off and the planet might not have as much to worry about as first thought.

According to the study, conducted by the University of Oslo, after the Earth's average temperature jumped in the 1990s, it stabilized and hasn't increased since the year 2000, the ocean has also stopped warming up quickly despite the fact that CO2 has continued to rise.

"These results are truly sensational," says Dr. Caroline Leck of Stockholm University. "If confirmed by other studies, this could have far-reaching impacts on efforts to achieve the political targets for climate."

Researchers looked back to 1750, before the industrial revolution, and calculated when CO2 levels would double from that point in time. It was determined to be the year 2050 and said the planet will probably be 1.9 C warmer than before first textile mill started in Britain.

The scientists say there are lots of factors that effect the climate, not just human activity.

"We are most likely witnessing natural fluctuations in the climate system - changes that can occur over several decades - and which are coming on top of a long-term warming," said project manager Terje Berntsen, professor at the University of Oslo's department of geosciences and a senior research fellow at the Center for International Climate and Environmental Research - Oslo (CICERO). "The natural changes resulted in a rapid global temperature rise in the 1990s, whereas the natural variations between 2000 and 2010 may have resulted in the levelling off we are observing now."