Lawrence Berkeley National Laboratory

We provide a phenomenological analysis of present experimental searches for local parity violation manifested through the Chiral Magnetic Effect. We introduce and discuss the relevant correlation functions used for the measurements. Our analysis of the available data from both RHIC and LHC shows that the present experimental evidence for the Chiral Magnetic Effect is rather ambiguous. We further discuss in some detail various background contributions due to conventional physics, which need to be understood quantitatively in order to draw a definitive conclusion about the existence of local parity violation in heavy ion collisions.