Login

Rising oil prices push carbon tracking from ‘nice to have’ to commercial imperative

Reducing energy risk is increasingly important for landlords
Dan Drogman, Smart Spaces. (Smart Spaces)
Dan Drogman, Smart Spaces. (Smart Spaces)
By Dan Drogman
Smart Spaces
May 13, 2026 | 6:00 AM

The past few months have been a stark reminder of how quickly global events can upend even the best‑laid plans. Ongoing geopolitical tensions in the Middle East have pushed wholesale oil prices up by more than 35% since the conflict in Iran began, and the effects are already being felt through higher and more volatile energy bills.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In