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Storm-wary Australian officials ponder costs of coastal development

Australians are suddenly afraid of the water. It's a self-preserving response that many climate change experts say is lacking in the United States, which is pursuing policies -- in a time of rising seas -- that many believe are encouraging coastal development in storm-prone areas. New South Wales, Australia's most populous state, is trying something different. State officials there are preparing for widespread inundation by discouraging new development along the coast.

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