"The Environmental Impact of Lab-Grown Diamonds on the Rise"

1 min read
Source: Fortune
"The Environmental Impact of Lab-Grown Diamonds on the Rise"
Photo: Fortune
TL;DR Summary

Millennials and Gen Z are increasingly choosing lab-grown diamonds for their engagement rings due to ethical and sustainability concerns, but the environmental impact of lab-grown diamonds is questionable, as the manufacturing process requires a significant amount of energy, often sourced from coal in countries like China and India. While some companies use renewable energy and carbon credits to offset emissions, transparency and sustainability practices vary widely across the industry. The rise of lab-grown diamonds has sparked a marketing battle with the traditional mined diamond industry, with concerns about the long-term value and environmental impact of lab-grown diamonds.

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