"Most of my friends all have lab-grown. And I think it just fits our lifestyle and, you know, the economy and what we’re living through," said Farlow.
In the U.S., lab-grown diamond sales jumped 16% in 2023 from 2022, according to Edahn Golan, an industry analyst. They cost a fraction of the stones formed naturally underground.
Farlow said the choice of lab-grown makes her ring 'more special and fulfilling' because the materials are sourced from reputable companies.
Many companies are based in India, where about 75% of electricity comes from burning coal. They use words like 'sustainable' and 'environmentally-friendly,' but lack transparency.
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