The problem of global warming arises from the buildup of greenhouse gases such as carbon dioxide from burning of fossil fuels and other human activities that change the composition of the atmosphere and alter outgoing longwave radiation (OLR). One geoengineering solution being proposed is to reduce the incoming sunshine by emulating a volcanic eruption. In between the incoming solar radiation and the OLR is the entire weather and climate system and the hydrological cycle. The precipitation and streamflow records from 1950 to 2004 are examined for the effects of volcanic eruptions from El Chichón in March 1982 and Pinatubo in June 1991, taking into account changes from El Niño-Southern Oscillation. Following the eruption of Mount Pinatubo in June 1991 there was a substantial decrease in precipitation over land and a record decrease in runoff and river discharge into the ocean from October 1991–September 1992. The results suggest that major adverse effects, including drought, could arise from geoengineering solutions.