Anna Stewart joins us now with more.

So what is the US plan here to kind of wean off to wean itself off of Russian energy from from being so dependent on Russia's oil and gas.

Well, this was a really comprehensive package and that is a big acceleration that figure for renewable energy by 2030 from what it had before It comes as you said there with a big price tag, $220 billion.

Ultimately, though, it believes this plan would save the block Longer term around $100 billion dollars a year because that's roughly how much it spends on fossil fuels and largely of course from Russia.

Now, the plan is very comprehensive.

Part of this was particularly short term, will be just replacing some of the natural gas from Russia with liquefied gas from elsewhere that will help it reduce its reliance certainly this year By 2/3 women talking about Russia Longer term though, it is all about greener energies and it's got a lot of different plans in this package.

For instance, it wants to speed up the process of green lighting, new energy projects, making it easier and quicker.

He wants to ensure that any new public building built in the EU has solar roof panels by 2025.

Important to note that while this is a really ambitious plan with great ideas on infrastructure to help wean itself off Russian energy, it will require the approval of all 27 member states and not just the approval Alison, but also implementation because it's not just money coming from the EU, this will take action from all member states and and some strength because it's certainly not easy to wean off being so dependent on Russian energy sources.

You know, for now, the EU is reliant on Russian gas and it risks being cut off from that.

If it doesn't bend to President Putin's demands for payments to be made in rubles, What more are you learning about that?

Well, if anything, the situation on that front is getting more confusing.

Now, yesterday we had guidance at last from the EU and it seems to contradict actually some of the guidance they gave last week at the heart of this issue is can EU energy suppliers pay for their gas using both a euro account with Gazprombank and a Euro council, can they pay in euros to Gazprombank have that money in Russia by a Russian entity converted into rubles and for that to pay for the energy, would that be a breach of sanctions at the end of last week, it appeared that he was leaning towards the idea that it wouldn't be and that just by sending euros to Russia would fulfill the contract, that payment would be done as of last night.

The suggestion is that setting up any kind of ruble account with Gazprombank would be a breach of sanctions.

This leaves these energy importers in quite pickle as to what to do.

Now.

We believe quite a few of them have set up both euro accounts and ruble accounts with Gazprombank at this stage.

We know, for instance, any in Italy has done that.

They said they did that yesterday as a precautionary measure.

Um but it's coming down to the worst.

Some of these contracts are due to be paid.

Some countries like Finland, they're big gas imported there has said they will not play ball with this.

They simply refuse to pay in euros and have it converted to rubles.

They refuse to bow to President Putin's decree they expect or warn that it could be cut off from Russian gas this weekend.

That has already happened from Poland for Bulgaria.

But for a country like Sweden natural gas accounts for just 6% of the overall energy mix for other member states in the EU.

So really, we're looking for more guidance.

Perhaps some compromise and definitely more clarity from the EU on whether these suppliers can pay for their gas using euros that gets converted into rubles.

Allison.

Okay, anna Stewart, Great for all.