The EU may move slowly, but it does move. Examples:
- https://en.wikipedia.org/wiki/Restriction_of_Hazardous_Subst...
- https://en.wikipedia.org/wiki/General_Data_Protection_Regula...
These were initially met with huge resistance, yet got approved, and triggered huge changes, not only inside the EU, but throughout the world.
This one probably will see a zillion amendments and may eventually be either made powerless or be rejected.
My money is on it being approved in a weaker form, with a future version tightening things, like what happened with RoHS.
The trick is to get everybody commit to “we want to move to a climate-neutral economy. To get there, we need to do A”.
If you can get that, everybody has committed to “we want to move to a climate-neutral economy”. If it turns out A isn’t sufficient to get there, extending that to “A, B, and C” is easier than going there in one step. The eventual extension to “A, B, …, Z” may be a long way off, but that doesn’t mean the EU won’t get there.