HTTP/2 changes the meaning of the http:// scheme. All connections will now be TLS-encrypted. (Edit: Maybe not. See hobohacker below.) http:// means that the endpoint has not been verified using the CA system and is using a self-signed certificate (and is thus trivially vulnerable to a MITM should certificate keys not be checked out-of-band).
The purpose is to provide confidentiality to the vast majority of traffic, even if the authentication part of the CIA triangle isn't achieved. This proposal's purpose is to undo that and expose all traffic using the http:// scheme to your ISP, exactly as it is today. (I would also note that this draft is proposed by AT&T, which is now rolling out new plans in Austin that charge an extra $30/month if you do NOT agree to them inspecting and data-mining all of your internet activity and selling it to advertisers.)
The purpose is to provide confidentiality to the vast majority of traffic, even if the authentication part of the CIA triangle isn't achieved. This proposal's purpose is to undo that and expose all traffic using the http:// scheme to your ISP, exactly as it is today. (I would also note that this draft is proposed by AT&T, which is now rolling out new plans in Austin that charge an extra $30/month if you do NOT agree to them inspecting and data-mining all of your internet activity and selling it to advertisers.)