The magnitude of the Sun's solar activity is decreasing, this period of decreased solar activity is known as the Modern Grand Solar Minimum that will last from 2020 to 2053 . The surface temperatures on Earth may go down during the Modern Grand Solar Minimum due to a 70% reduction in solar magnetic activity. Hence, statement 2 is correct . It is possible that the cooling due to a solar minimum may offset the rising temperatures due to global warming. However, the National Aeronautics and Space Administration (NASA) has dismissed this and said the decrease in climate crisis would only be worth as much as three years of carbon dioxide growth in the atmosphere. According to NASA , the impact of global warming would be six times greater than the cooling caused by the Grand Solar Minimum. Hence, statement 1 is not correct .