Why does our political system appear incapable not only of taking any significant action to meet this threat, but also appears to be in denial about the facts of the threat itself? There are many possible reasons, but I would posit the following as three of the most important.
Would the gassed-up "well-oiled" "coal-fired" rogue, petrostates ravage the whole Earth to a point where it is useful only for extraction of natural resources -- Earth as a coal mine? You might wonder where will the super-rich escape to then? To space.