Mainly, it assumes that that the "condition" for "efficacy" for a proposed course of action can be determined to be impossible at the outset. This assumes, essentially, perfect knowledge of the universe and its workings. "You can't achieve X through the process of Y, because Y is impossible."
It's essentially a crystallization of pessimism.
At the very least, it's fallaciously overbroad. One might argue, for example, that it is impossible to reduce Co2 emmissions by 80% in 30 years based on particular facts, but dismissing the goal on the basis that one simply can't do things like that is an irrational conclusion. No one can know that, and proposing that it's ridiculous to try when the benefits are fairly obvious would be ridiculous in itself.
We really don't know what we can do until we attempt it, so it's hardly fallacious to propose something which appears impossible. The "impossible" has been achieved repeatedly throughout human history, and every single one of those achievements has occurred in contravention to claims that whatever it was was demonstrably, concretely, without a shadow of a doubt, beyond the realm of possibility. Ridiculous. "Pie in the sky."
A lot of times these positions are put forward by those with a vested interest in putting a stop to the attempt. Michael Crichton's asinine Bush-pandering diatribe-disguised-as-fiction "State of Fear" posited essentially that there is no point in trying to protect the environment at all because a) We can't always predict the results (because we don't know everything) and b) We won't always be successful. That, of course, is pure baloney, and appeared motivated by the impulse to get people to stop annoying business concerns by asking that they please don't pave over our oxygen supply or warm their mansions with heaps of burning bald eagle embryos. Or maybe to get invited to brunch at the White House. I think it worked, by the way.
http://www.nytimes.com/2006/02/19/national/19warming.htmlThe "conditional efficacy" fallacy also ignores the benefits of 1) consciousness raising and 2) the benefit of partial results. Merely proposing a solution which turns out to be infeasible can result in either a better proposal which is more feasible, or may provide partial results which confer a benefit short of the original goal, but still worthy.
What if we can reduce CO2 emissions by 60%? 30%? 5%? What if we can feed more of the world more efficiently? What if we can empower women more than they are presently empowered?
Will we suffer somehow because we tried? Are we afraid the universe will laugh patronizingly at us and wag its cosmic finger knowingly? Is it somehow childish or undignified to attempt or suggest an approach that is difficult or unlikely?
Screw that.
You don't discard a goal on the basis that it seems difficult to achieve. That's what goals are for.
Granted, you might make qualitative distinctions and argue that a particular proposal doesn't make sense because it is too costly, or too risky, or so unlikely to succeed that our efforts would best be placed elsewhere, but I don't think you can make a sweeping declaration that broad proposals for beneficial change are simply fallacious thinking.
Perhaps we can't create a fleet of city-sized hover farms powered by mosquito wings to simultaneously cure world hunger, the energy crisis and overpopluation, while reducing the world's mosquitos to slow-motion pedestrian bloodsucking attacks, but aiming for more solar power or a broader understanding of birth control methods, whether or not those efforts are likely fully succeed, is hardly irrational.
The bigger fallacy, by far, would be to assume we already know what is possible and impossible, worthy and unworthy, before we even try.