Everybody panic! The horror that Al Gore told us about is happening even faster!!!

A new study from NASA has revealed how Arctic sea ice thinned between the winters of 2004 and 2008. The study utilized NASA’s Ice, Cloud and land Elevation Satellite, known as ICESat, to allow researchers with NASA and the University of Washington in Seattle to, for the first time, measure ice coverage over the entire Arctic basin.

In the winter, Arctic ice thickens due to the sun setting for several months and ocean currents lessening. In the summer, there are long sunlight-filled days, stronger ocean currents, and wind to melt the ice. A lot of ice melts each year, but each year some thicker, older ice survives. This older ice is 9 feet thick, typically, as opposed to the single-year ice which is on average 6 feet thick.

According to the satellite measurements, the ice has been thinning at a rate of 7 inches per year for a total of 2.2 feet in the last year. Multi-year ice, meanwhile, shrunk by 42 percent. Ice cover, meanwhile decreased 595,000 square miles — nearly the size of Alaska’s land area.

It’s not all bad news:

A melting ice cap may unlock new oil deposits and shipping routes.

Guess we’ll soon be like the Dilbert characters, the Elbonians, whose land is under water and mud.