With a weaker El Nino in 2010 than in 1998, we managed to reach about the same global average temperature as 1998:
(for latest, see http://www.drroyspencer.com/latest-global-temperatures/)
The warming measured by satellite shown above is about 0.13 per
decade. Whether that becomes 1.3 degrees C over the next century is
debatable. Some scientists and their models say it will, but those
models don't model weather. Weather will determine whether the slight
warming from CO2 is amplified or not. It is debatable
whether 1.3C (more warmth) will be "catastrophic" in some way.
Note on the graph that there was more warming around 1998. That is the climax of 1997-1998 El Nino that released a lot of heat into the atmosphere. The period of strong El Ninos (80's and 90's) now appears to be over and temperatures seem to be levelling off.