[manwe150]

To follow up on that, I think that 50 year horizon number has even been the case for something well over 50 years now. It seems we are incentivized currently to extract from deposits around that threshold of years? One professor I had even claimed this will always hold true indefinitely, since at some point we’ll switch away from oil, this holding constant there being about 50 years of known reserves left, once it become economically infeasible to extract that oil.