It is hardly broken, except in the fevered minds of denialists who are blinded by ideology and a desperation to reject reality.
https://en.wikipedia.org/wiki/Hockey_stick_graph
The original northern hemisphere hockey stick graph of Mann, Bradley & Hughes 1999, smoothed curve shown in blue with its uncertainty range in light blue, overlaid with green dots showing the 30-year global average of the PAGES 2k Consortium 2013 reconstruction. The red curve shows measured global mean temperature, according to HadCRUT4 data from 1850 to 2013. Quote:A version of the MBH99 graph was featured prominently in the 2001 IPCC Third Assessment Report (TAR), which also drew on Jones et al. 1998 and three other reconstructions to support the conclusion that, in the Northern Hemisphere, the 1990s was likely to have been the warmest decade and 1998 the warmest year during the past 1,000 years.[8] The graph became a focus of dispute for those opposed to the strengthening scientific consensus that late 20th century warmth was exceptional.[9] In 2003, as lobbying over the 1997 Kyoto Protocol intensified, a paper claiming greater medieval warmth was quickly dismissed by scientists in the Soon and Baliunas controversy.[10] Later in 2003, Stephen McIntyre and Ross McKitrick published McIntyre & McKitrick 2003 disputing the data used in MBH98 paper. In 2004 Hans von Storch published criticism of the statistical techniques as tending to underplay variations in earlier parts of the graph, though this was disputed and he later accepted that the effect was very small.[11] In 2005 McIntyre and McKitrick published criticisms of the principal components analysis methodology as used in MBH98 and MBH99. Their analysis was subsequently disputed by published papers including Huybers 2005 and Wahl & Ammann 2007 which pointed to errors in the McIntyre and McKitrick methodology. Political disputes led to the formation of a panel of scientists convened by the United States National Research Council, their North Report in 2006 supported Mann's findings with some qualifications, including agreeing that there were some statistical failings but these had little effect on the result.[12]
More than two dozen reconstructions, using various statistical methods and combinations of proxy records, support the broad consensus shown in the original 1998 hockey-stick graph, with variations in how flat the pre-20th century "shaft" appears.[12][13] The 2007 IPCC Fourth Assessment Report cited 14 reconstructions, 10 of which covered 1,000 years or longer, to support its strengthened conclusion that it was likely that Northern Hemisphere temperatures during the 20th century were the highest in at least the past 1,300 years.[14] Further reconstructions, including Mann et al. 2008 and PAGES 2k Consortium 2013, have supported these general conclusions.
Why do the denialists always get it so badly (and transparently) wrong?