Since 1977, the extent of forest wildfires in the boreal and western regions of North America increased 6- to 9-fold over long-term trends, and an estimated 132 × 106 ha of temperate and boreal forest burned across the northern hemisphere. Emissions during and after burning may have been a significant feedback to global warming. Simulated carbon budgets indicated a hemispheric release of 1.4 Pg C during burning and 4.1 Pg C gross from CO2 fluxes postfire. The total release (5.5 Pg C) was 43% of the biospheric CO2 release to the atmosphere, 1977–1990. Over the next century (1991–2090), continuing emissions from wood and soil decomposition will release an additional 6.9 Pg C gross. A large CO2 release was contrary to assumptions of little net carbon flux in the temperate and boreal forests. The pattern of attenuated CO2 release in northern forests also contrasted with sharp emission peaks in tropical deforestation. A simulation experiment indicated that the CO2 pulse from direct emissions per unit area was 10-fold larger in tropical deforestation than in northern forest wildfires on average; postfire release in the northern systems, however, was about 10 times longer in duration and only slightly less overall than in tropical deforestation fires.