It's not efficient as an energy cycle.
Not even considering the fact that wood burns in a very 'dirty' way and would require a lot of energy to 'clean' the emissions.
You have to be careful when you speak of "efficiency". You have to specify, with respect to what expended resource, and what desired goal? If we say the expended resource is "land area" and the desired goal is "powering all of civilization", then indeed the the "efficiency" of growing trees and burning them is not so great, compared to say solar panels. But if the expended resource is "environmental damage" and the desired goal is "heating a cabin in the woods", burning tree wood is extremely efficient.
So it seems the real point is that it's "dirty"? We'd have to clean... what? Particle emissions? Most areas I see woodburning done have high quality air, low particle counts. Because their density is so low.
This keeps happening. The core rebuttable to dTal's argument is being left unstated. You keep saying it's wrong, you keep not saying why.
So. If you take carbon out of the ground, and expect to see it floating in the air, you should be taxed. That's the idea.
But does this make sense? Just how much of the carbon in oil really is destined for the air? How much of the wood? How much of the stone? Or is there some other chain I'm missing? How much carbon would be sequestered in plants that produce biofuel? How much of a net negative is ethonol production anyway? What about other fuels? This subject seems complex to me.
You seem to think all this is wrong, and it could be! I really would be interested to hear where the logic breaks down.