Reuters: London will adopt a bicycle hire scheme similar to a popular initiative in Paris under a $1 billion cycling investment package announced by the mayor on Monday. Under the plan, part of a series of environmental measures due in coming days, 6,000 bicycles will be available for hire from ranks every 300 metres (600 feet) throughout the city centre. London, which accounts for seven percent of Britain’s climate changing carbon emissions and is at the forefront of efforts by major …