As Michael Lewis, a strategist at Deutsche Bank, points out, the correlation between energy and equity prices has risen sharply since 2007.

ECONOMIST: Making sense of the fall in commodity prices

"To the contrary, the best available scientific evidence demonstrates a robust correlation between the caffeine levels in energy drinks and adverse health and safety consequences, particularly among children, adolescents, " they wrote.

CNN: Monster Energy adds caffeine content to labels

The closest correlation between greenhouse emissions and stock values appeared in the energy and utility sectors, where the specter of environmental regulations typically plays heavily into valuations.

FORBES: Pollution Is Bad for Stocks, Says UC Davis Study