At this point it's pretty much impossible for Israel to make a trade-off for occupied land in Gaza, Westbank, the status of Jerusalem and the refugee problem that would be acceptable to Palestinians.
Israel doesn't want a "trade-off". It wants domination over all of the land west of the River Jordan.
The failure of the Oslo accords and subsequent intifada was perhaps a seminal moment, in that it drove Israelis to incerasingly believe peace could not be achieved, and the only thing left to do was militarily control and crush the Palestinians into the dirt. The manifestation of this is the ever-ongoing prime ministership of Netanyahu, coupled with the ever-increasing strength of hardline religious and Zionist / pro-settler groups.
That might not go on forever. But what would stop it? Israel's all but "won" already. All the time it claims more and more (land, political acceptance, etc.), none of which ever gets rolled back, and less and less of which it would have to get back in a peace settlement. Israel has a clear and viable path forwards to take everything it wants: carry on doing what it's doing. It may take another century or two, but it will get there.
What could motivate it back to a negotiating table? Two things: either the Palestinians agree to give Israel de facto control of everything that really matters (the river Jordan, border control, its foreign policy, etc. to become a few splodges of vassal state in the middle of an Israeli state), or a major player like the USA or EU sanctions the shit out of Israel to drive it to the negotiating table and offer major concessions. And we all know the latter won't happen.
You take the latest stuff. We've been through this how many times? Israel bombs and invades Palestinian territory, kills dozens-hundreds of Palestinians, everyone in the international community tuts for a few weeks, there may be a UN resolution the US vetoes if it's anything other than totally toothless, and Israel goes back to doing what it wants with precisely zero significant repercussions. And maybe it'll bomb Lebanon, Syria and anything else it pleases for lols too, with equally zero repercussions.