Two and a half years after Premier Beattie appointed Andrew McNamara to chair a task force to examine Queensland's vulnerability to rising oil prices, the report has finally been released. It apparently spent many months at the bottom of a drawer.

"The report concludes that the overwhelming evidence is that world oil production will peak within the next 10 years, and recommends that a prudent risk mitigation approach requires a mix of initiatives such as reduction in consumption of liquid fossil fuels, encouraging the development and use of alternative fuels, technologies and strategies, and preparation for demographic and regional changes, as Queenslanders change travel, work and living habits in response to rising fuel prices."

Here's an excellent article about the report by Stuart McCarthy, Brisbane coordinator for the Australian Association for the Study of Peak Oil.
http://webdiary.com.au/cms/?q=node/2081

And here's the report itself (PDF, 2.6 MB)
http://www.epa.qld.gov.au/publications/?id=2190