Sand deficit: Coastal erosion is so bad in California that the residents of this mostly Republican city may tax themselves to restore the beach
Coastal erosion has been eating away at the beach in San Clemente, known for nearly a century as a “Spanish village by the sea.”
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# Investing Summary San Clemente, California residents are considering a self-imposed tax measure to fund beach restoration efforts as coastal erosion threatens the city's primary economic asset and real estate values. This potential infrastructure investment reflects growing municipal spending on climate adaptation, a sector that could benefit construction, engineering, and environmental services companies working on coastal resilience projects across the U.S.
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