Yes it really is a wolf. It is relatively difficult to find a toy wolf.
It does, however, illustrate the key conclusion of the story about the boy that called 'wolf'. At the end there was a wolf.
It has been clear for some time that the supply of fossil fuels will peak. The real question is why the UK government does not provide its calculations. The UK relies on the IEA which relies on the USGS. The USGS has produced figures which are produced with all the possible optimistic methodologies. The USGS estimates 1,000 bn barrells of oil greater than most other people.
Still it is quite a nice wolf.
We also have the issue of the government changing their real strategy to one which is based upon the UK national debt being relatively low so we might as well pile on the pounds.