Please, please, this is a foul, rotten idea. I nearly choke here in Australia when I go walking at night or open my window in winter while I'm sleeping. I wake with headaches and a sore throat, and get sinusitis from the smoke belching into the night air from numerous domestic woodburning heaters.

In Australia, Chesterman (1984) carried out chemical analysis on smoke from a domestic fireplace using gas chromatograph and gas chromatograph/mass spectrometry methods. He identified 55 organic compounds similar to those identified in US tests. Quraishi et al. (1984) report similar measurements identifying biphenyl, methyl anthracene, phenanthrene, anthracene, propyl fluorene, fluoranthene and pyrene.

Residential firewood use is the fourth largest category of dioxin emissions: behind prescribed burning, bush fires and cement production, but ahead of coal combustion.(source)

A potential problem, little addressed in the scientific or health literature, is the accumulation of creosote in tank water for households using roof-collected rain water. Many rural households use firewood for heating, water heating and cooking, this creates a potential problem of wood-smoke fallout (creosote) collecting on roofs and washing into water tanks. People in Australia are increasingly collecting water from their roofs, so this is a growing problem.

Emission measurement of wood-smoke in Sweden indicated a high proportion of volatile hydrocarbons from woodheaters were carcinogenic, including benzene, 10 to 20% by weight of non-methane hydrocarbons; and 1,3-butadiene, 1 to 2% (Barrefors and Petersson 1995). The toxic nature of wood-smoke has also been demonstrated in some animal studies. Kou et al. (1997), for example, in studies of wood-smoke inhalation by rats, showed an immediate change in respiration. The authors attributed this change to the increased presence of the hydroxyl radical in the wood-smoke. Respiratory irritants, such as various aldehydes, are emitted from woodheaters and open fireplaces with total aldehyde emission factors in the range 0.6 to 2.3 g/kg from open fireplaces (Lipari et al. 1984). Zhang and Smith (1999) have developed carbonyl emission factors for various fuels, including firewood, used for cooking in China. Biomass combustion produced a wide range of carbonyl compounds, sufficient to cause acute health effects in typical village use.(source)

Lewis et al. (1988) reported on mutagenicity in ambient fine particles in winter in Albuquerque. Wood-smoke was found to contribute more extractable organics and mutagenicity than motor vehicle emissions.

Highly recommended reading:
Review of literature on residential firewood use, wood-smoke and air toxics — HUMAN HEALTH