Biomass pyrolysis with biochar returned to soil is a possible strategy for climate change mitigation and reducing fossil fuel consumption. Pyrolysis with biochar applied to soils results in four coproducts: long-term carbon (C) sequestration from stable C in the biochar, renewable energy generation, biochar as a soil amendment, and biomass waste management. Life cycle assessment was used to estimate the energy and climate change impacts and the economics of biochar systems. The feedstocks analyzed represent agricultural residues (corn stover), yard waste, and switchgrass energy crops. The net energy of the system is greatest with switchgrass (4899 MJ t(-1) dry feedstock). The net greenhouse gas (GHG) emissions for both stover and yard waste are negative, at -864 and -885 kg CO(2) equivalent (CO(2)e) emissions reductions per tonne dry feedstock, respectively. Of these total reductions, 62-66% are realized from C sequestration in the biochar. The switchgrass biochar-pyrolysis system can be a net GHG emitter (+36 kg CO(2)e t(-1) dry feedstock), depending on the accounting method for indirect land-use change impacts. The economic viability of the pyrolysis-biochar system is largely dependent on the costs of feedstock production, pyrolysis, and the value of C offsets. Biomass sources that have a need for waste management such as yard waste have the highest potential for economic profitability (+$69 t(-1) dry feedstock when CO(2)e emission reductions are valued at $80 t(-1) CO(2)e). The transportation distance for feedstock creates a significant hurdle to the economic profitability of biochar-pyrolysis systems. Biochar may at present only deliver climate change mitigation benefits and be financially viable as a distributed system using waste biomass.