Maersk joins Buffett to invest in startup promising green fuel

Maersk invests in small startup aimed at developing technologies for green fuel.

Photo: PR/Maersk

Maersk has agreed to buy a minority stake in a green-fuel startup backed by Warren Buffett, as the world's largest container line latches on to new technologies to decarbonize its fleet. 

Maersk, which didn't disclose the size of the deal, said its investment in California-based WasteFuel is part of a wider strategy to commit funds toward developing energy that doesn't pollute. 

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