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A carbon removal plant. Direct air capture and other technologies delivered less than 320,000 tons of carbon removal credits last year.
BUSINESS / Tech
May 2, 2025

Why investors are souring on this once red-hot climate tech

Venture capital funding of U.S.-based startups developing direct air capture (DAC) was down more than 60% in the first three months of 2025.
Former labor minister Kim Moon-soo arrives at the People Power Party's national convention in Goyang, South Korea, on Saturday.
ASIA PACIFIC / Politics
May 3, 2025

South Korea's conservatives pick hard-liner Kim Moon-soo as presidential candidate

Kim, 73, was a labor activist in his university days but later became a hard-line conservative.
Ryosei Akazawa, Japan's tariff envoy, speaks to members of the media at the Japanese Embassy in Washington on May 1.
BUSINESS
May 3, 2025

Japan's tariff envoy says Tokyo insisting on U.S. rethink

After arriving back in Japan, Ryosei Akazawa told reporters that the two sides "made progress" toward an agreement, but stressed Tokyo was insisting that all tariffs be reviewed.

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A small shrine perched atop rocks braves the waves hitting the shoreline during a storm in Shimoda, Shizuoka Prefecture. The area is under threat of a possible 31-meter-high tsunami if an earthquake strikes the nearby Nankai Trough.
If the 'Big One' hits, this city could face a 31-meter-high tsunami