There are other problems, including the cost of living crisis. This is an attempt to fix that. Maybe the tradeoff isn’t worth it, but it’s not very constructive to just deny that there’s one worth analysing.
This sort of policy, if implemented effectively, can help to mitigate high diesel prices. (Plausibly it won’t, by overcrowding the system to the point where it’s counterproductive.) It also helps to approach better pricing of externalities, since generally taking the train is more socially useful.
Covid is a problem, but, post-vaccination, it’s roughly as bad as flu, and the combination of flu and public transport is not really that much of a problem, from past experience.