We have the HTML5 <time> Tag - Where's the <place> Tag?

We now have a handy <time> tag in HTML5. There are numerous examples of its use here & here, with one from me:

The end is <time datetime="2012-12-21">nigh</time>!

So where is the corresponding (to me anyway) and much more useful <place> tag? For fun, let's design one now:

Here is the
<place position="90.0;0.0;WGS84">end of the world</place>!

Now that wasn't too hard was it?

Here's another one — a currency value:

The approximate cost of hosting this blog this year is
<currency amount="10.00;GBP;2015">£10</currency> per annum.

Thinking about it, the <time> tag is the least useful of the three above, but maybe that's just a cognitive bias.