March 9, 2015
The United Kingdom is considering a proposal to build six power-generating lagoons at a cost of 30 billion pounds (46 billion dollars). The lagoons would use incoming and outgoing tides to power turbines, according to a March 2 BBC News article. Energy Secretary Ed Davey has said he wants to back the project, which would generate 8% of the UK’s electricity. The sea wall for one of the lagoons would stretch more than five miles and extend more than two miles out to sea.
Britain’s FTSE 100 Index reached a record intraday high on March 2. Find out here about the connection between massive building projects and positive social mood.
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