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Non-renewables become very much more expensive in this frame - how can you price something which literally can never be replaced?
But as we saw only last night, it is quite possible to apply energy to carbon dioxide and water and come up with the products (eg gasoline & petrochemicals) of "non-renewables".
Doing so will become "economic" when the energy cost of that process is less than the energy cost of other sources. ie the "price" of crude oil becomes the energy content.
IMHO the unmatched US human/intellectual resources currently wasted on the military are capable of doing just this, if only the "enterprise model" existed for them to do so.
At the moment the choices are between:
(a) State provision (a new, and Keynesian, New Deal) which is politically unacceptable in the US; and
(b) conventional Capital - "Equity" and "Debt" - which is fucked, probably terminally.
But I believe that unconventional "unitisation" of future land and energy value streams not only squares the investment and monetary circle, but will do so in a networked way from the ground up. "The future is already here -- it's just not very evenly distributed" William Gibson
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