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LBM
DAILY
CARBON & THE BUILT ENVIRONMENT
Markets

Markets Digest, July 2026: European carbon opens the reform window, lumber drifts, CBAM completes month four

A monthly read on the carbon and timber price signals that matter to specifiers, mills, and forest owners. This month: EU allowances holding above €80, the Commission's ETS reform proposal now on the table, softwood lumber slow-bleeding under housing weakness and tariff overhang, and the voluntary carbon bifurcation widening on schedule.

The Daily

Five minutes a day. 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

Six lenses on 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.

Coming soon
iii

Codes & EPDs

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

Coming soon
iv

Forest Carbon & Timber

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

Coming soon
v

Compliance & Trade

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

Coming soon
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 Markets Digest for context, or open a CearioTrader account for live prices and to trade or hold credits yourself.

Credit typeIndicative
Forest carbon — ARRAfforestation / reforestation, recent vintage
$24.00
▲ 2.1%
Improved forest mgmtHigh-integrity, CCP-aligned
$18.40
▲ 0.8%
REDD+ avoided lossLegacy methodology
$6.50
▼ 1.4%
Nature-based removalsDurable, co-benefit verified
$31.20
▲ 1.6%
Illustrative figures for demonstration — live data on CearioTrader.