On February 15, the European Parliament adopted draft reforms of the EU’s emission trading system (ETS), the centrepiece of European emissions reduction policy – choosing the less ambitious proposal of a reduction on the cap on emissions of only 2.2% per year until at least 2024. Climate Action Network Europe’s  Letter to Policymakers   ahead of the vote outlined the arguments and proposals for environmentally-ambitious change, including a higher price on carbon and inclusion of the cement, aviation and shipping industries. Its reaction after the vote   stated: “It is shocking that the Parliament chose to bow to the interests of polluting industries instead of protecting citizens from a catastrophic climate breakdown. The Parliament has completely failed the first test of its commitment to the Paris Agreement. The proposed reforms will keep the carbon market ineffective for a decade or more. We urge progressive EU governments to finally turn the ETS into a functioning tool and create a stimulus to ditch old models and move to green economy.”    One of the  three reforms urged by 31  environmental organizations in  an Open Letter to the MEP’s in November 2016 had been the establishment of the Just Transition Fund for  communities and regions which need support to transition away from coal.  The reforms will be debated next at the Council of Environment Ministers on 28 February; the  EU’s 28 governments must negotiate further to finalize the legislation.