Netanyahu is in self denial, he is the one that needs to get to his senses, stop the settlement building and get back to the negotiations. The Palestinians never abandoned the negotiation path, they have been negotiating for 20 years while witnessing their land get taken dunum by dunum and the settlements expands like cancer that will kill all their hopes for independence. If Netanyahu is serious about peace, it starts with stopping the settlements and reigning down on the settlers, it is something he is unwilling to do for political and ideological reasons, hence he wants an eternal "peace process"
Woman moderately wounded by firebomb thrown at her car in north J'lem (Haaretz)
from the article: Netanyahu: Palestinian statehood bid at UN bound to fail