Management strategies for loblolly pine (Pines taeda) plantations in the Southeastern USA can be adapted to fulfill both the demand for wood products and for bioenergy. This study quantifies the impact of plantation management choices on the cumulative carbon balance and the net present value of loblolly pine plantations at the stand level, as well as the wood supply cost for bioenergy production for these different management strategies. The strategies assessed (conventional, additional thinning and short rotation) are characterised by planting density, thinning age and rotation period, each with and without collection and utilization of slash residues for bioenergy. The total wood supply costs for bioenergy include the cultivation, harvesting and transport costs for small diameter trees and slash. The results show that the carbon balance after 100 years is 205 (247), 214 (268) and 149 (195) Mg ha(-1) for the conventional, additional thinning, and short rotation loblolly pine plantation management strategies (within parentheses: same strategies with slash utilization). The conventional strategy has the lowest wood supply costs for bioenergy, 47 (46) $ Mg-1 pulpwood, followed by the additional thinning strategy, 50 (49) $ Mg-1 pulpwood, and 54 (52) $ Mg-1 pulpwood for the short rotation management strategy. In conclusion, switching from the current conventional strategy without the utilization of slash for bioenergy to an additional thinning strategy with the use of slash increases the overall carbon accumulation by about 31%, at marginally higher wood supply cost. Adapting plantation management strategies can have a positive effect on the economic performance and on the carbon balance of loblolly pine plantations. Integration of wood supply for bioenergy and traditional forestry sectors can lead to co-benefits in terms of cost reduction and carbon accumulation.