As mentioned in our previous report on Japanese whaling (“Why Japan hunts whales“), the market for whale meat in Japan is negligible. An article in today’s Daily Telegraph (Australia) provides further evidence for this today, claiming that Japanese whalers are going bankrupt thanks to a lack of demand for their “scientific” produce:
JAPAN’s whale killers are going broke and have been forced to slash prices because no one wants to eat their growing mountain of whale meat.
The farcical truth of Japan’s whaling industry was exposed yesterday by Japanese media reports that the Institute for Cetacean Research is struggling to repay $37 million in government subsidies.
(Daily Telegraph Article: Japanese Whalers Going Broke)