This is a weird little story. It's a Hal story. But it's also a not-Hal story that might have its roots in other Green Lantern stories that I've never read. It seems Green Lantern isn't human? He's some thing called a Moppet that pretends to be Hal Jordan? Or something.
Anyway, Hal gets his ass kicked because he doesn't know how to deal with or treat women, especially ones named Carol. But the story ends one panel too soon so that the readers think that Hal Jordan is out of the fight. But seriously? You cannot defeat Green Lantern by cutting off the hand with the ring on it and throwing it into space! That ring is too smart to be fooled by that! Although maybe Hal's ring isn't. It's so used to him just punching stuff that it probably wouldn't notice that the fist had been disconnected from the brain.