I don't think that's a fair comment, given some of the projects that we are currently funding in south-west Wales and given the developments that are currently in train, particularly with regard to the Swansea bay metro programme. The decision will be for the First Minister, but a debate will take place, and that debate will, I'm sure, see a number of alternative expressions of interest given and a number of alternative ideas for how we resolve the M4 congestion around Newport. This is a very divisive issue—I respect that—but the decision must be evidence based, and when we look at the evidence available to us, the benefit-cost ratio of the proposal is classed as high, particularly when you compare it to some of the other major infrastructure projects that are taking place or have taken place across the UK. It emerges favourably when you compare it, for example, to the A303 Stonehenge bypass, which was given a BCR of just 1.3, or the A470, 1.05.

However, in recognition of the different views around the Chamber and the need to ensure that we invest in alternative means of travelling, it's fair to say that we need to look at car sharing schemes as well as personalised travel plan schemes and active travel wherever and whenever we can, because it's an interesting fact that, with car sharing schemes, there's a BCR of between 1.95 and 6, and personalised travel plans, 4.5 to 31.8. Active travel provides a very high BCR as well and that's part of the reason why we decided in Government to significantly increase our spending on active travel, in order to accelerate the development and delivery of active travel routes that offer an alternative means of getting people from A to B.