An answer is that the d->0 approaches infinity presumes a nice, continuous analytic function. If d->epsilon, you can't get to that singularity.
There was an equivalent problem in the E/M space with "The Ultraviolet Catastrophe" [1], which turned out to go away if you assumed quantization.
I'm not going to claim this is a perfect analog to the gravity problem, only that a lot of physics doesn't quite work right when you assume continuity. (The Dirac delta is a humorous exception that proves the rule here, in that doing the mathematically weird thing actually is closer to how physics works, and it required "distribution theory" as a discipline to prove it sound.)
I believe the poster's general premise to be false. While renormalization may be useful in resolving infinities in general, I don't think it's necessary for this one.
You can't commute the dp*dx of a Hamiltonian to be zero in a quantized world, so if gravity has quantum properties, you don't need to worry about what happens when d -> 0. There is no "0" distance.