The retreat and collapse of Antarctic Peninsula ice shelves in tandem with a regional atmospheric warming has fueled speculation as to how these events may be related. Satellite radar altimeter measurements show that between 1992 and 2001 the Larsen Ice Shelf lowered by up to 0.27 +/- 0.11 meters per year. The lowering is explained by increased summer melt-water and the loss of basal ice through melting. Enhanced ocean-driven melting may provide a simple link between regional climate warming and the successive disintegration of sections of the Larsen Ice Shelf.