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Bloomberg: India, the world's fourth-largest emitter of carbon dioxide, plans to spend 100 billion rupees ($2.4 billion) on rejuvenating three million hectares of degraded forests to increase the green cover and soak up emissions. The government proposes to revive more than 6 million hectares of degraded forests in two phases over the next 10 years, the ministry of environment and forests said in an e-mailed statement today. The first phase envisages planting trees over 3 million hectares ... Read »