If reference were relativized only to context of utterance, there would be no way to account for the divergence between the time of utterance and the time relevant to truth evaluation.
What examples like (12) are often taken to show is that the reference of an expression must be relativized, not just to a context of utterance, but also to a circumstance of evaluation—roughly, the possible state of the world relevant to the determination of the truth or falsity of the sentence. In the case of many simple sentences, context and circumstance coincide; details aside, they both just are the state of the world at the time of the utterance, with a designated speaker and place. But se