Theoretically. The extension can refuse to load sites that aren’t using HTTPS, but the real flaw is sites that use SSL instead of TLS. Attackers can reject SSL but they can’t do anything about TLS, so the security of your browsing would be affected by the website’s HTTPS configuration, and whether they use SSL, TLS, or both (the only 100% safe method is TLS only). I know for most people disabling SSL and going TLS-only isn’t high on their list of priorities so I expect this attack to be very successful on the internet as it is right now.