Nobel Prize in Physics to Climate Models which Do Not Model Climate

The Nobel Committee in Physics has as an act of scientific political correctness today given half of the Nobel Prize in Physics in 2021 to Syukuro Manabe and Klaus Hasselmann for the physical modelling of Earth's climate quantifying variability and reliably predicting global warming.

In other words, the Prize has been given to Climate Models which Do Not Model the Climate, as is shown in the following graph of Global Warming over time comparing Climate Model predictions with Real World observations (second image from Roy Spencer Global Warming) : 

These graphs must have been unknown to the Committee. What is the meaning of "reliably predicting global warming" when the prediction has nothing to do with the actually observed absence of observable global warming (0.2 C over 40 years)? Is the "reliability" that all climate models show too much warming, or that the spread is so big that even virtually no warming is included in the predictions?