Great discussion. I also point to the Wood Carbon Seminars especially the section 2.1 from Reid Miner. https://carbonleadershipforum.org/wood-carbon-seminars/ Also of note, the total system is taken into account at the national scale tracking these inputs/outputs over time to get to ‘carbon neutrality’ system.
As I understand it, the key is that you’re not changing the amount of wood taken out of the forest over time but rather doing the best to use what wood is removed in it’s highest best use.