Despite the headline, there is no guarantee of a US veto. There is also no hint of the Israeli government willingness to take Geneva IV into account in negotiations. So Obama is placed in a position where it may have to deny and withdraw from the Geneva Conventions or acknowledge that Israel, though a signatory is in violation and is unwilling to adhere to a treaty it signed. Maybe the latter is the best approach for the US. But I don't see how that will further negotiations when the current government of Israel is entirely unwilling to negotiate in anything approaching good faith. The other option is for the US to simple be absent when the vote is called. Then the US can admit it is incapable of acting as mediator because of its own prejudice against a fair settlement.
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France will not take in more than 30,000 refugees, prime minister say (DPA)
from the article: UN set to vote on settlement resolution; U.S. set to veto