I remember the DVD commentary on the 2004 Spongebob movie talking about this. It's bad, but it's not new.
Going by the NOAA's data, it isn't even getting worse, and the five year rolling average has decreased steadily since 1995. It's inevitable that some years will be above average with that amount of variance.
A plan to slowly decrease it is in operation, the cause and consequences are known and accounted for. As far as climate disasters go, this one's pretty tame.