In New York City, Hong Kong, Shanghai and London and Paris, rich people live in apartments. President Trump owns several apartments in Manhattan. Poor people also live in apartments.
The protests in France over raising gasoline taxes there highlights that middle class people understand that higher carbon taxes have income effects.
The New York Times published an interesting piece about how U.S energy infrastructure might be affected by climate change. At the end of the piece, there is a nuanced quote about whether the energy companies will experience large profit losses due to climate change.
