I wish lemmy was less like reddit, and that commenters actually skimmed the articles or knew anything about the situation beyond the headlines.

But hell, here goes, I'll try to use small words and explain things for you guys:

• If they instantly turned it off without a replacement, a lot of people would have died. And even if a country government tried, their own citizens would riot over the idea that old people would die.

• Coal is already banned.

• Oil imports have dropped from 27% to 3%

• In 2021 the gas accounted for 45% of imports in the EU, now it's 19% and the plan is to have it at zero by 2027.

About damn time.

About fucking time

This better stay in place once the war is over, no matter how it ends

Canada here: you can have ours!

Yes, and it can still be vetoed by our union friends from Slovakia or Hungary. Hell, even my own government in the Netherlands may try to sabotage this, since we've got the most worthless bunch of idiots ever in charge.

The import of coal from Russia has already stopped, they are in the process of ending oil imports, but the situation is different when it comes to gas.

Although the share of Russian gas in the EU dropped from 45 percent in 2021 to 13 percent now, Russia still earns 23 billion euros per year from it. Despite the restrictions, Russian energy exports remain an important source of income for the Kremlin.

The EU member states and the European Parliament still need to approve the plans. The expectation is that the plan will lead to fierce debate, especially from Hungary and Slovakia. These countries are the most pro-Russian and still rely heavily on Russian energy.

But Commission President Von der Leyen says that the energy coming to Europe must not contribute to the war against Ukraine. "We owe that to our citizens, our businesses, and our brave Ukrainian friends." 👏🏽💪🇪🇺🇺🇦

source

Von der Leyen’s Plan to End Russian Gas Imports by 2027 (REPowerEU) (Sources: Reuters, AP News, Financial Times, Euronews, Kyiv Independent) Key Measures:

• Ban on new gas contracts after 2025
• End existing contracts by 2027
• Mandatory transparency for gas deals
• Switch to LNG from other suppliers & renewables
• Help for Hungary & Slovakia to transition

To overcome opposition from Hungary and Slovakia, the EU will use qualified majority voting, so no single country can veto the plan. Each country must submit its own phase-out plan, tailored to its situation. The EU is offering financial tools under the REPowerEU plan to help countries support their companies exiting Russian deals and phase out Russian energy. These include grants and loans from the recovery fund, support from the European Investment Bank, and targeted funds for energy infrastructure and renewables, like Hungary receiving €700 million in grants and applying for €3.9 billion in loans to upgrade its energy system.

Lukoil is still thriving in the USA. About .10 - .15 cheaper. Always a line.

This is so funny cuz it actually has the potential to bankrupt Russia, all because they chose to invade a nation that represents at best marginal economic power.

After 3 full years... only now doing it...

Good for the EU. People often need a common threat to come together

Wow a plan!

In another couple of years. If Hungary and Slovakia are willing to play along (they aren't).

It is part of a strategy to unload their dollar holdings. Basically buy natural gas from the US.

The value of a dollar is about to be beaten into the ground

Prepare for the plan!

Yes, ma'am, preparing for the plan!

About damned time. They need to do that here (Japan) as well.