^ Yep I tend to agree.
Definitely value to be unlocked being on the other side of a party who's seemingly desperate to exit.
Very recent example: BHP (and AA) exiting thermal coal JV at Cerrejon. Glencore says payback period is under 2 years.
BHP/AA get to greenwash their annual reports, mine continues to operate and emit carbon but hey "not my emissions, anymore".
The old carbon potato.
Sign of things to come in oil and gas.
Supply Side Shock in the Making, page-33
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