I don't see how you can say that.
If I go to paypal.com and see "Joe's Pizza Shack" in the green text, there's no way I'm going to trust it.
If a phisher is capable of legitimately acquiring a certificate that says "Stripe, Inc." just as they could one that says "Joe's Pizza Shack", then the presence of the green text means nothing more than "someone was convinced to pay money for green text", and it certainly doesn't mean I'm talking to the company I thought I was.
And the ability to get a legitimate certificate saying "Stripe, Inc." means that EV can aid phishing attacks, because the existence of the green text is supposed to trump all other trust indicators ("is paypalcares.com legitimate? It's got the green 'PayPal, Inc.' text, it must be!").
Which is to say, users don't notice if the green text is gone, meaning it has no benefit, and users may trust the green text over other warning signs, meaning the ability to successfully spoof another company's green text makes EV an attack vector rather than a defense.