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Canada loggers, green groups reach landmark deal

Tue, 05/18/2010 - 8:24am
Reuters

OTTAWA (Reuters) - Most of Canada's largest forestry companies announced a groundbreaking deal with environmental groups on Tuesday that will restrict logging in the country's vast northern forests.

The agreement covers 170 million acres (690,000 square km) -- an area nearly twice the size of Germany -- and ends years of battles over logging in Canada's massive boreal forest, which environmentalists say plays an major role in fighting global warming by absorbing large amounts of carbon dioxide.

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