Markos - you wouldn't believe the amount of spin that's gone on over Climate Destabilization.
For instance, Blair took on Mrs Thatcher's "Green Headscarf" in declaring a goal of a 50% cut in the UK's GHG output by 2050. But, given that we need a global cut of over 60% just to stop adding to excess airborne GHGs, i.e. just to stop making the problem worse, he has actually been proposing to let the problem worsen for two generations.
Yes, he cannot directly acknowledge peak oil - to do so would be to gut investor confidence. Instead, he and other politicians are content to see this idea trickle out (not least through websites such as this one) and start to gain mainstream media coverage.
Be in no doubt as to the seriousness of the climate issue: we lost around 27,000 people in last summer's 250-year heat wave across Europe and we're only just beginning the curve of intensification. Blair still cannot speak of the scale of the threat as it is too embarrassing: nothing serious has been done despite governments knowing for over a decade that the destabilization is becoming self fuelling due to numerous positive feedback loops.
Thus he and other politicians are in one hell of a bind: both peak oil and the climate issue are emerging into public awareness at once.
Various lobbies are trying to steer public opinion to their advantage, for instance nuclear has been waiting for this position for years in hopes of making a come-back, despite being a lousy investment either for replacing oil supplies or for reducing GHG output in the next two decades.
Similarly the coal industry has hopes of major growth though its expansion, particularly across developing countries, would greatly accelerate Global Warming.
The point at which I'd take politicians seriously is when they acknowledge that Kyoto offers little further potential benefit and start to discuss publicly its successor: the global policy framework of "Contraction & Convergence."
See:
www.gci.org.uk.
regards,
Backstop