CLICK ON TIMELINE TO EXPAND.
If these ideas of:
-combination of wind and waves forming energy and
-sensor walls on the slabs
are going to be implemented in 55 years time, then these components of our integrated solutions should be patented. In other words, those specific parts of both the ships utilisng renewable energy and vertical farms are protected and cannot be copied in other industries without the dairy industry's permission. It is important that these specific components are patented because the wind and water energy can be adapted for other forms of transportation such as commercial or exporting. The sensor walls on the slabs can be used in other industry's such as the beef sector, thus both of these ideas must be patented to protect the dairy industry. This will be beneficial to the dairy industry as they may be able to make additional profit from this idea from other industry's wanting to copy these ideas.
Intellectual Property:
There are risks involved with implementing this solution in 2070. The key milestones highlighted in blue on the timeline are identified as high risks. If these cannot be executed, then alternatives will be put in place.
Risk 1: Research and testing of wind and wave energy.
If it is found that wind and wave energy cannot work together in a combination, and is completely unsuccessful, then different combinations of renewable energies will need to be tested. These could include but are not limited to wind and thermal conversion, wave and solar power, or alternative fuels such as bio-fuel. The uncertainty of this milestone is relatively likely. There is confidence in renewable energies working, just not so much of the combinations. The alternatives will work just as well so there are ways around this risk.
Risk 2: Maglev train is tested and implemented.
There is a high probability that the milk in the tanks maybe too heavy for the maglev train. Alteratives to this are more magnets/powerful magnets.
Risk 3: Vertical farming implemented on small scale.
Although this is a high risk, it is unlikely to be unsuccessful. However, the alternative to this will be jackets on the cows, but this will need to be researched and put through a similar process to the vertical farming.
Risk 4: More trials and improved prototype of the ship.
If this is not feasible or does not function in the effecient way expected, which is likely, an alternative is nuclear powered submarines can be used provided New Zealand is no longer nuclear free.
Risk 5: Maglev train is used for transportation of passenges.
The dairy industry is relying on a guideway being constructed around the country for transportation of passenges. The dairy industry will then adapt this for transportation of milk. It is unlikely that the maglev train will not be used for transportation of passengers, however if this occurs then the dairy industry faces all the costs of constructing the guideways. Alternatives to this is that the guideways are constructed only in the necessary to transport milk to dairy facilities.
Risks
Why should the butter industry fund this solution?
The butter industry should fund the integrated solution of vertical farming, maglev train, and using ships powered by wind and wave energy. Although there are risks associated with components of this solution, most of these can be resolved by the alternatives stated above. There are many benefits related to the solution, with the most important being that the issues of thermal stress, and declining production of oil are resolved completely. Additional benefits are that the solution is sustainable with minimal effects on the environment. The solution is highly effecient overall. For vertical farming, the use of land is economical hence effeciency is optimised. Faster forms of trasportation are implemented hence is time effecient. Therefore this will be an ideal solution for the butter industry in 2070 as not only does it solve the problem, but will suit the fast paced environment we will be living in.