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Changing Careers at 40 and Beyond: How To Do It Right

October 17, 2024

You’ve been in the same roles for almost two decades and the prospects of spending another five make you sick to your gut. Perhaps it’s time for a pivot. Here’s everything you need to know about changing careers at 40.

Is it Worth Changing Careers at 40?

YES! If you no longer feel satisfied in your current field or role, taking a U-turn is a perfectly normal thing to do. People like Jeffrey Brotman (co-founder of Costco), Robin Chase (co-founder of Zipcar), and Ray Kroc (former CEO of McDonald’s) among others achieved major career success after hitting 40.

In general, people aged 35 and 44 change jobs roughly 2.9 times, and those between 45 and 52 change jobs about 1.9 times, according to the US Bureau of Labor Statistics. So you’ll be hardly an “outlier”!

What’s more, a recent study found that people who started a new career at 40 feel much more content. Over half (55%) are very happy about their decision, 64% say their stress level decreased, and a whopping 72% feel like a “new person” since the career change. …

Group: EPA’s Coordinated Regulatory Assault on Coal Power Could Push Retirements Beyond 86 GW by 2030

August 5, 2022

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The Environmental Protection Agency (EPA) is readying a regulatory sweep targeting more stringent limits on traditional pollutants that could accelerate coal power plant closures. A coal trade group estimates that even without new rules, 86 GW of coal generation is slated to retire by 2030.

While the U.S. Supreme Court in June curtailed the EPA’s ability to regulate carbon emissions from existing power plants, the EPA is working on other rules in “an integrated and coordinated approach” that will allow the agency to tackle “threats” posed by power plants to clean air, safe water, and healthy land, EPA Administrator Michael Regan has said.

The EPA chief recently told Reuters the agency remains undeterred by the Supreme Court’s constraints. “We want to present the industry with a suite of regulations so that they can make the best long-term investments possible,” the news agency quoted Regan as saying on July 29. “The power sector will … look at the cost benefit of complying with those and more than likely stay with the conclusion that … clean energy is more cost effective for them and for their customers,” he reportedly said.…

Optimism Is Warranted in the Power Industry in 2022 and Beyond

January 4, 2022

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While some sectors of the power industry are struggling to stay relevant, there are many more segments that are thriving. As new technologies are developed and perfected, there is more reason than ever for people in the power industry to be optimistic about the future.

Opportunities are everywhere in the power industry these days. Not only are wind and solar energy seeing explosive growth, but also several other technologies are showing real signs of promise. Battery energy storage systems and microgrids have become mainstream grid components. Advanced nuclear power designs and hydrogen-based energy schemes have progressed beyond concepts and into real brick-and-mortar projects. The worldwide focus on climate change has developers of carbon capture and storage (CCS) technologies licking their chops, with serious deployment of CCS systems almost assured if the world is to meet goals aligned with the Paris Agreement.

The movement to electrify everything also provides opportunity for power companies having the proper vision to capitalize on the trend.…