Part of 1. Questions to the First Minister – in the Senedd at 2:29 pm on 22 January 2019.
Well, as soundbites go, it didn’t go very far, Dirprwy Lywydd, did it?
Of course we have a plan, and of course we have a pipeline of projects. We set them out in front of the Assembly last year, we refresh it all the time, and we certainly look at it in the context of decisions made at Wylfa and in the context of Brexit. But, Dirprwy Lywydd, Wales needs a captain, but Wales needs a captain that at least understands the rules, because I’ve heard the Member offer us his bond idea many times on the floor of this Assembly, and as he knows perfectly well, Welsh bonds do not add a single pound to our capacity to invest in capital projects. He knows perfectly well that the rules are that that would count against all our other capital investments and would simply substitute for other and cheaper money than we currently enjoy. It's not an idea that gets off the ground for an instant.
Now, that there are some things that the Member has said this afternoon that I don't disagree with. I think it's very important that we plan ahead. I think it's very important that we have a pipeline, which he refers to, but it doesn't help anybody to pluck out of the air, and parade it as though it were a solution to our problem, an idea that makes no contribution at all.