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'Sensible' to use North Sea oil and gas, says top economist

'Sensible' to use North Sea oil and gas, says top economist

Published 3 months, 3 weeks ago
Description
The "top economist" referred to is Sir Charlie Bean, a former deputy governor of the Bank of England and former member of the Office for Budget Responsibility (OBR). 
On April 16, 2026, he stated it is "eminently sensible" for the UK to continue using North Sea oil and gas during the transition to net zero. His comments come amid a significant global energy crisis triggered by the ongoing conflict in the Middle East and the closure of the Strait of Hormuz. 


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