This public inquiry has concluded. The inquiry report was released by the Australian Government on 21 October 2005.
The Australian Government asked the Productivity Commission to report within 12 months on the economic and environmental potential offered by energy efficiency improvements.
The terms of reference for the inquiry define energy efficiency as maintaining or increasing the level of useful output or outcome delivered, while reducing energy consumption. It also states that energy efficiency improvements should be cost effective for individual producers and consumers.
While the Commission is required to consider the economic and environmental costs and benefits of such improvements, it was not asked to comment on Australia's policy response to climate change.
The Commission is to consider the barriers and impediments to improved energy efficiency, the influence of government energy efficiency programs and appropriate policy options.