An alleged Canadian income trust announcement leak of 23 November 2005 provides a remarkable example of the sensitivity of event study analysis to the treatment of cross-sectional dependence in returns. Whereas a leak should chiefly have affected the returns on other securities, not income...

Energy transition targets and pathway planning are more important since the declare of carbon peak and carbon neutrality in China. Energy transition is highly relevant with economic and social development, as well as industrial transformation and technological innovation. However, existing...