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LBM
DAILY
CARBON & THE BUILT ENVIRONMENT
Markets

Market Barometer, September 2026: Compliance carbon breaks higher while timber keeps sliding

RGGI cleared a record $37.65 a ton and California's cap-and-trade auction jumped 12.7 percent in the same month CME lumber futures slipped again and Canadian softwood exports to the US fell 22.8 percent year over year.

The Daily

Signal, not noise.

Since 2002, LBM Daily has cut the noise for people who build. The materials changed. The job didn't.

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The beat

Five weekday beats and the monthly Market Barometer, covering the low-carbon transition in the built environment.

i

Embodied Carbon

The emissions locked into materials, and the codes, caps, and LCAs now putting a number on them.

ii

Mass Timber

Engineered wood as a carbon-storing structural system, from CLT supply to code adoption.

iii

Codes & EPDs

Green building codes and environmental product declarations, decoded for people who specify.

iv

Forest Carbon & Timber

Where the timber economy meets the carbon market: pricing, projects, and integrity.

v

Compliance & Trade

Deforestation rules, tariffs, and the trade policy reshaping material sourcing.

vi

Markets

Monthly analysis of the carbon and timber price signals moving the built environment, with live data on CearioTrader.

Markets

The carbon price signals behind the headlines.

We track the markets you read about. Read the monthly Market Barometer for context, or open a CearioTrader account for live prices and to trade or hold credits yourself.

Registry benchmarksExample price
ACRAmerican Carbon Registry
346.4M tCO₂e issued
$7.50
CARClimate Action Reserve
241.7M tCO₂e issued
$9.50
GSGold Standard
489.7M tCO₂e issued
$12.50
VCSVerified Carbon Standard
1,517.0M tCO₂e issued
$8.00
Illustrative registry-level benchmarks, not CearioTrader listing prices. Current benchmarks on CearioTrader.