The focus of REDD+ is sensu stricto on maintaining forest carbon stocks. We extend the scope of sustainable management of forest from forests to timber utilization, and study carbon offsets resulting from the utilization of harvested timber for bio energy or harvested wood products (HWPs). The emission budget of harvesting operations depends on the loss of standing biomass by timber extracted from the forest site and logging losses on the one side, and on the other on the wood end use and the utilization of processing residues. We develop two scenarios to quantify the magnitude of CO2 emissions by (1) energetic utilization, and (2) energetic and material utilization of harvested timber and compare the substitution effects for different fossil energy sources.
