Adding it all up, scientists estimate the total amount of heat warming the oceans, land, and atmosphere and melting ice is the equivalent of 4 Hiroshima atomic bombs worth every second.
The planet is a big place. The extent of damage all of this heat does depends on where the warming occurs.
The practical implication of the recent global warming hiatus seems to be; the least damaging place this heat can go is into the deeper layers of the oceans.
Currently about 90 percent of global warming heat is going into the oceans, primarily the upper 700 meters, with the consequence the seas are rising due to thermal expansion and the frequency and power of tropical storms is by most estimates increasing.
The opportunity exists to produce significant amounts of energy by moving this heat into deeper water, where it will take as much as 1000 years to return.