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Steam rises from the stacks of the coal-fired Jim Bridger Power Plant outside Point of the Rocks, Wyoming in this file photo taken March 14, 2014. REUTERS/Jim Urquhart/Files

U.S. to face multibillion-dollar bill from climate change

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NEW YORK (Reuters) - Annual property losses from hurricanes and other coastal storms of $35 billion; a decline in crop yields of 14 percent, costing corn and wheat farmers tens of billions of dollars; heat wave-driven demand for electricity costing utility customers up to $12 billion per year.

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