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May 31, 1994

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FDR's baby becomes a problem child: The Tennessee Valley Authority redefines 'nuclear nightmare'

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This investigative article examines the Tennessee Valley Authority's financial and institutional crisis, driven primarily by its massive nuclear power program. The TVA has accumulated a $25 billion debt while only 9% of its power generation comes from nuclear reactors, and major projects like Watts Bar are decades behind schedule and billions over budget. The article argues that lack of federal oversight and accountability has allowed the TVA to continue pursuing an economically unsound nuclear strategy despite safety concerns and the success of alternative energy efficiency programs.

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