A peace plan reveals what the other side must do to make peace with Israel. A peace initiative shows the world what Israel is doing to make peace... A peace plan stalls until the other side accepts or rejects it. A peace initiative moves forward immediately... A peace plan upholds the status quo: no committment, no change. A peace initiative is instant action, changes the status quo... A peace plan revs the engine, with gears disengaged, goes nowhere. A peace initiative engages the gears and moves the nation... Peace plans, and their failures, belong to other nations. Initiative is Israel's alone; beats a plan any day... President Peres has the right idea.
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from the article: Peres: Israel needs to formulate its own Mideast peace plan