The climate-driven housing crisis, explained

Published: June 26, 2023, 9 a.m.

Several cities and neighborhoods in the United States are experiencing climate gentrification \u2013 the process in which wealthier people move to areas less impacted by climate change. Often as a result, disadvantaged residents are priced out of their neighborhoods due to rising property values, taxes, rents, and other economic factors. POLITICO\u2019s Gloria Gonzalez breaks down what\u2019s driving this trend and how activists and local politicians are fighting back. Plus, French President Emmanuel Macron is calling to revamp the international taxation system to finance climate efforts.\n\nGloria Gonzalez is the Deputy Energy Editor at POLITICO Pro.\nJosh Siegel is a congressional energy reporter for POLITICO. \nNirmal Mulaikal is a POLITICO audio host-producer.\nAlex Keeney is a senior audio producer at POLITICO. \n\nFor more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch\n\nAnd for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy