There could be various reasons why road traffic has not grown as expected in recent years, and it is interesting to speculate about them. But for policy-making, does it really matter which explanation is correct?
Of course, if demand for car travel is now saturated, the case for a general increase in road capacity breaks down. But even if we are experiencing only a blip, so that growth would soon be resumed under business-as-usual assumptions, that does not make the case for roadbuilding....
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