The authors find that an emissions charge on agricultural methane and nitrous oxide of $25 per tonne of carbon dioxide (CO2) equivalent would be likely to reduce New Zealand’s net land-use related emissions for commitment period one in the order of 3%, with full accounting. Findings also indicate that areas with high emission costs tend to have high employment rates, but that they also have a disproportionately high number of unqualified people.
Link
http://econwpa.wustl.edu:80/eps/othr/papers/0509/0509010.pdf