It has been reported that a common ingredient in creams, lipsticks, and lip glosses called squalene (or squalane) — a rich, oily emollient found in the liver of sharks — is going to be phased out of future productions of US and European cosmetics.
The marine conservation group Oceana has notified companies such as Unliver and L'Oréal that the population of deep-sea sharks is being threatened to obtain their liver oil. The good news is that a substitute of squalene — one that is made from olives — is less expensive and more attainable. The new batch of squalene-free products are expected to hit stores this April.
Rebecca Greenberg, a marine scientist with Oceana said,
Oceana is satisfied to see that some of the biggest names in the cosmetics industry are recognizing their corporate social responsibilities and choosing not to contribute to the extinction of these important animals.
Now that it will cost less to produce makeup once squalene isn't incorporated in their products, do you think that consumers will see a cost cut in cosmetics? Somehow I doubt it, but you never know.