The tools that made this country great can put the radical climate agenda to rest.
How about an index that identifies companies based on measurable environmental performance rather than ESG labels – companies that demonstrate quantifiable environmental efficiency while also delivering strong financial results?
Well, someone I have been blessed to run across, Marc Carrington, has come up with this idea:
Working Thesis:
The environmental debate has largely been framed around regulation, mandates, and political ok conflict. A complementary approach is to harness capitalism itself — directing investment toward companies that deliver measurable environmental and economic performance. Markets reward efficiency, innovation, and results. The challenge is creating transparent mechanisms that allow capital to recognize and reward those outcomes.
Here are some interesting points:
The Capital Markets Solution
Capital markets have historically accelerated innovation by pricing risk, opportunity, and performance. When investors can identify companies that create both economic value and environmental value, capital naturally flows toward more efficient enterprises.
What ENVX Represents
ENVX is a framework and market infrastructure centered on the concept that environmental performance can be evaluated as an economic factor. The goal is not political advocacy; it is the identification and measurement of environmental outcomes that may have economic significance.
Role of ENVX
Founded by Marcos Carrington, Environmental Stock Exchange (ENVX) is built on the principle that environmental performance should be capable of being analyzed through the lens of markets, investment, and competition. The broader objective is to encourage innovation by making environmental performance more visible to investors.
Role of ENVXAI
ENVXAI is a U.S. index and investment benchmark designed to explore the relationship between environmental performance and shareholder value creation. It represents an effort to evaluate whether measurable environmental performance can serve as a useful investment signal.
Why Competition Matters
History demonstrates that markets solve difficult problems when incentives are aligned. Competition drives companies to innovate, improve efficiency, reduce waste, and develop better technologies. Capital seeks winners, and investment can accelerate the adoption of superior solutions.
Environmental Stock Exchange
Environmental Progress Through Investment
Rather than restricting economic growth, investment can help finance cleaner technologies, more efficient operations, better resource utilization, and next-generation infrastructure.
Investors become participants in environmental progress through capital allocation.
What This Is Not
This is not a political movement, a regulatory mandate, or a substitute for public policy. ENVX is not ESG. It is an exploration of whether markets can create additional incentives for environmental improvement through transparent investment mechanisms.
Future Outlook
The long-term opportunity for ENVX is the development of market-based tools that allow investors, corporations, and institutions to better understand the relationship between environmental performance and financial outcomes. If successful, ENVX will institutionalize environmental performance as an investable economic factor rather than solely a compliance issue.
If environmental challenges are not going away, then one of the most powerful responses may be the same force that has driven progress throughout modern economic history: competition, innovation, investment, and the efficient allocation of capital. Marcos Carrington and ENVX believe that markets cannot solve every problem, but they can help identify, reward, and scale the solutions that work.
Can it work? Well, let’s take a look.
As of May 29, 2026, ENVXAI has outperformed the S&P 500 on both a one-year and year-to-date basis, generating returns of +35.58% versus +28.17% over one year and +18.48% versus +10.69% year-to-date.
Available on Bloomberg and calculated by the New York Stock Exchange (NYSE), ENVXAI serves as a market-based demonstration that environmental performance can be analyzed as an economic variable and evaluated alongside traditional measures of corporate performance.
More broadly, ENVXAI reflects the principle that capital markets can help identify, reward, and scale companies that deliver both strong financial results and measurable environmental outcomes.
What could be better than this? Using Capitalism, competition, and reality to counter a social movement that discourages competition and is based on pie-in-the-sky predictions, which, if not completely false, certainly come up way short on the forecasts.