The only solution I see is to lower the MGU K deployment to an amount where it's optimal to drive flat out on the straights and in the corners. Simulation will tell you the exact kW (take worst cast track as your target). Yes the cars will be slower but at least you can drive the cars flat out. DRS (front and rear) would have to make a comeback to allow for overtaking. Leave the energy deployment completely up to the drive via a button like KERS used to be in 2012 era.
For the following year engine output would have to increase to make the cars faster overall.
Currently we are heading towards a complete disaster in Melbourne, reminds me of 2016 quali rules. Senior people said from the start it would not work, people argued lets try, the results were that the rules were scrapped immediately.
In the future I and perhaps other 90% of fanbase would love to see return of high revving engines that create a wow effect. Greenwashing via sustainable fuels can continue to save the sport from embarrassment.
If you truly want to save on C02 emissions F1 has to optimize its travel / logistics as it outputs way more than any F1 car does during the season. Last years calendar was ridiculous on the front.

