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Podcast: γ¬γ’γΈγ§γθ±δΌθ©± Daily News Article Podcast
Episode: Lab-grown diamonds come with sparkling price tags, but many have cloudy sustainability claims
Description: Lab-created diamonds come with sparkling claims: that they are ethically made by machines running on renewable energy. But many don't live up to these claims or don't respond to questions about their electricity sources, and lab diamonds require a lot of electricity. They are chemically the same as diamonds found in the ground but cost a fraction of the price.
Fans of mined diamonds counter the marketing campaigns, saying natural diamonds hold their value better for longer and are more rare, thus more special.
In the U.S., lab-grown diamond sales jumped 16% in 2023 from 2022 and had a market share of 10...