A great illustration of how bad the regulatory system is working when corporations run the show and their wholly-owned servants in Congress and their revolving-door minions dominate the agencies.
Now think about how much worse it is when regulating a real big money enterprise like an extractive industry (mining, oil, grazing, timbering). Kinda explains the Gusher in the Gulf a little better, doesn't it?
(* The point of the article is how broken our regulatory system is, but since we mentioned sunscreens, we should talk about that too. Since the government can't even manage to persuade its corporate owners to keep E. Coli out of food, when it comes to products like sunscreen I'd settle for regulators forcing makers to get rid of the useless and misleading "sun protection factor" labeling system, which is totally bogus because it's non-linear and tells the consumer nothing. That is, SPF 30 is NOT twice the protection of SPF 15; SPF 45 is barely better than SPF 30, etc. The whole SPF rating system is designed to dupe the user and sell more of the high-markup stuff. With a little thought, it's possible to come up with a number of better alternatives.)