In nature, the brown-rot fungus Postia placenta successfully performs both chemical pretreatment and enzymatic saccharification of biomass in a consolidated manner. As evidenced by its recently sequenced genome, P. placenta produces a limited suite of cellulases, lacking genes for exoglucanases. Despite this limitation, it is still capable of rapidly degrading wood. Brown-rot fungi quickly reduce the degree of polymerization of wood with little weight loss through a reduction-oxidation pathway that yields highly reactive hydroxyl radicals through a chelator-mediated fenton reaction. While hydroxyl radicals would readily damage its cellulases, the fungus manages to conduct both reaction types, enzymatic and oxidative, in the same general location. Examination of the spatial and temporal relationship of these two reaction systems as brown-rot fungal degradation of wood progresses will be presented.