I'm not a climate scientist by any stretch, but I've become pretty familiar with most of the climate skeptic talking points -- and why they're wrong (or technically correct but off-point). I know about the sunspots and the water vapor and the Urban Heat Island effect. I've read a bit on the hockey stick and the British vineyards. For the most part this is all kind of annoying but basically OK -- healthy skepticism yadda yadda yadda -- so long as it doesn't slow down meaningful policies (which, unfortunately, it is).
Anyway the dumbest skeptic meme by far has got to be the whole "global cooling since 1998" thing. I mean, honestly? Tamino at Open Mind has a great breakdown of why this is just insane. The key plot showing the global average temperature trend (GISS data) is stolen from that post.
On one level, it's an honest mistake. In all these temperature series the year 1998 is either the first or second hottest year on record (sometimes following 2005, as it does with this data) thanks to an unusually strong El Niño that year. So if you look at 1998 and the latest data point, you might think, whoa, its gotten a tad chillier in the last decade!
But if you think about it for a second, you see that the average temperature varies quite a bit from year to year -- and yet the trend over many years is consistently and significantly upward. This is because the climate responds to increased CO2 on a comparatively long timescale, but short term weather variations will drive the temperature slightly up or slightly down year to year. Next year, random noise will likely drive the average temperature back up again. If global warming had actually leveled off or declined, it would be at least a few decades before we could say so with confidence.
In any scientific field, over-interpreting a noisy data set is a big no-no. If instead you add in a little cherry picking by taking the hottest year as your starting point then you've got yourself some industrial grade misinformation.
Which is why I always respond to this argument as a red-flag of bad-faith argumentation, particularly when it is made by people from a technical background. Stop fooling yourself: show the whole data set, fit a curve to it and figure out the error bars on your parameters. And yet... you see it all over the place. Here (Watt). And here (Pielke Sr). And here (George Will).
Sigh. I guess this one irks me particularly since I was over-exposed to noisy time-series data sets as a child. OK. I'm done now.
[Update 02/03/12: Actually, this animated gif from Skeptical Science is one of the best refutations of this meme that I've seen. I guess you could "argue" that global warming stopped in 1973, again in 1980, again in 1988, again in 1995, again in 1998. And yet the temperature keeps going up!]