The Council of Ministries approved a Programme with actions towards facing the potential impact of the high prices of oil in the international market. This Programme has in mind the particular situation of the high dependence of Portuguese economy in imported energy namely oil and the high energy intensity of Portuguese Economy. The main actions proposed in this Programme are: 1) A significant increase of the production of Energy from Renewable sources and the liberalization of energy markets. 2) Incentives to the utilization of Public Transports and the implementation of multimodal Transports infrastructures. 3) Incentives to energy efficiency and to the use of Renewables and Cogeneration in the Industrial sector. 4) Promoting Energy Efficiency in buildings and in the service sector. The Programme will be coordinated by the Ministry of Economic Activities and will integrate working groups from different Government Departments that will address issues like Tax incentives, Regulation, Research and Development and A.ambient.