flow below the depths of the major ridge systems. Some theories connect these flows directly, implying that there is significant upwelling of dense deep waters within the Southern Ocean, transformation of these waters into light surface waters, and a transformation of waters in the opposite direction to the north. Such theories link the magnitude of the Circumpolar Current with the global thermohaline circulation, particularly the properties of the North Atlantic. Alternatively, ocean eddies, the oceanic equivalent of atmospheric storms, or the large-scale meanders of the Circumpolar Current may directly transport momentum downward in the water column. This is because such flows can produce a net southward flow in the troughs and a net northward flow over the ridges without requiring any transformation of density. In practice both the thermohaline and the eddy/meander mechanisms are likely to be important. The current flows at a rate of about over the Macquarie Ridge south of New Zealand. The ACC varies with time. Evidence of this is the Antarctic Circumpolar Wave, a periodic oscillation that affects the climate of much of the southern hemisphere. There is also the Antarctic oscillation, which involves changes in the location and strength of Antarctic winds. Trends in the Antarctic Oscillation have been hypothesized to account for an increase in the transport of the Circumpolar Current over the past two decades. Formation Published estimates of the onset of the Antarctic Circumpolar Current vary, but it is commonly considered to have started at the Eocene/Oligocene boundary. The isolation of Antarctica and formation of the ACC occurred with the openings of the Tasmanian Passage and the Drake Passage. The Tasmanian Seaway separates East Antarctica and Australia, and is reported to have opened to water circulation 33.5 Ma. The timing of the opening of the Drake Passage, between South America and the Antarctic Peninsula, is more disputed; tectonic and sediment evidence show that it could have been open as early as pre-34 Ma, estimates of the opening of the Drake passage are between 20 and 40 Ma. The isolation of Antarctica by the current is credited by many researchers with causing the glaciation of Antarctica and global cooling in the Eocene epoch. Oceanic models have shown that the opening of these two passages limited polar heat convergence and caused a cooling of sea surface temperatures by several degrees; other models have shown that CO2 levels also played a significant role in the