Lets free oil Social payment for non-extraction of oil

Abstract

In 2007 Ecuador asked the States to take collective action to compensate for the non-oil extraction without success However the Yasun -ITT Initiative shows that small citizen donations were in magnitude more relevant than state contributions In 2021 we propose that social payment for non-oil extraction could be considered a collective action that may embed society in collective decisions about toxic productions How can social payment decommodify oil free it from its commodity fiction By using money as a social payment society manifests the desire to liberate oil from its logic of the market and to establish a relationship based on its use-values for the welfare of present and future generations Thus the social payment for not extracting oil is a collective action that allows the de commodification of oil and generates opportunities for new relationship between the society and oil in countries rich in biodiversity but dependent on extractivis

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