The document discusses Australia's energy policy and efficiency. It establishes three objectives for Australia's energy policy: efficient and reliable energy, responsible resource development, and reducing environmental impacts. The policy includes a 20% minimum renewable target by 2020 and emissions trading starting in 2010. While Australia's energy intensity decreases annually, it lags other developed nations. The document recommends various energy efficiency programs and standards for sectors like residential, commercial, transport, and industrial. It concludes that climate change and rising oil prices will impact Australia's heavy reliance on coal, gas and oil. It recommends reducing greenhouse gas emissions by promoting efficiency and renewables to transition to a sustainable low-carbon future.