Compactify the total space of as ; its hyperplane at infinity is and its open complement is . Under the projective bundle formula for , the pushforward from that hyperplane spans the summands containing positive powers of . The localization quotient therefore retains the zeroth summandwhose restriction to is precisely the vector-bundle pullback . It survives injectively. In fact this proves the stronger homotopy invariance of Chow groups: is an isomorphism.
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