COMPAS Poll/Survey

In the wake of the high profile collapse of a solar panel manufacturer in the U.S., CEOs and business leaders on the COMPAS business panel were asked for their thoughts on energy supply options. Panelists emerge as supportive of new nuclear energy facilities by a factor of 2.5:1, very supportive of new natural gas generation by a factor of 10:1, and divided about solar energy, as shown in tables 2.1 and 2.2.

The main reason against solar is the high price being paid by the Ontario government for energy from solar panels, as shown in table 2.3.

All in all, panelists are divided about whether it is irresponsible to continue subsidizing solar energy, whether the greenhouse emission benefits of solar justify the cost, and whether our government should keep the solar option in play in case Chinese manufacturers are able to manufacture panels at drastically lower cost.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine.

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