There's no good ending to this, and you're probably correct that we're likely heading that way anyway, but the only rational choice at this point is to resist as much as possible - best case, it buys us time for some way out to appear; worst case, it delays the shitshow.

Anything that can be done to frustrate both the government and the private companies pushing for it should be done. Every lever should be pulled. No compromise should be accepted, because it's just setting up the stage for the next compromise where the other side stays where it is and the "middle point" just gradually moves toward them.