We don't know exactly how quickly the transition will take place. However, there is no doubt that if most countries aim to decarbonize their economies by mid-century, there will be a decline in demand for oil, natural gas, and other products. It will be very difficult to maintain an economy that produces only fossil fuels in terms of energy.
The speed of the energy transition is still somewhat up in the air. It depends on technological developments. It depends on political decisions by many countries. Most of the models for decarbonization show that there will still be a viable oil industry in Canada in 2050. There are uses for fossil fuels other than burning them to heat houses or using them to power cars. What we need to do in a decarbonized world is make sure that those fossil resources are produced without emission, using CCS—carbon capture and storage—or other techniques.
I see the yellow card.