I'm curious as to @HonestJohn 's thoughts on this.
This has a pretty good explanation of the negative consequences of this vote:
https://www.washingtonpost.com/opinions/the-united-states-just-made-middle-east-peace-harder/2016/12/23/d0ecc3ea-c923-11e6-bf4b-2c064d32a4bf_story.html?utm_term=.0a04e0414a44And my view is that any negotiations require a 'quid pro quo'... and this tries to strip one of Israel's most powerful arrows out of it's quiver. As a result, she'll need to be even more obstinate in order to recover it.
And the Palestinians will be emboldened to take up more violence, which will beget more violence in return.
If I were in charge in Israel, I'd be heavily courting China and India and to a lesser extent, Russia. For China and India make a good deal of the world's products, along with the US (which is already favorably predisposed to Israel). And once Israel secures it's sources of trade goods, it can then do whatever it needs to do with regards to the Palestinians without much fear of economy retaliation.
Not to mention that if the US, China, and Russia are all favorable to Israel, the UN is neutered. It's neutered now, as long as the US vetoes anything. But as this vote shows, putting all your eggs in one basket doesn't work very well.