U.N. climate chiefs apologize for glacier error - CNN.com
The point being that there is only consensus that climate change is occurring and that human activity is partly responsible, there is no scientific consensus that such change will create imminent conditions worse than the unintended consequences of converting to alternative fuels before doing so is economically viable. In the meantime, this oil discovery is good news. For the rest, see my response to Typh0n.
Edit: And FWIW, I have no problem with subsidizing research into alternative fuel sources as a precautionary measure.