The interest earned by the deposit fund should cover a lot of the cost in administrating the deposit scheme, so to a large extent it would be self funding. Instead of old fridges being dumped on street corners by fly tippers, there would be a genuine incentive for goods to be taken to an authorised collection point. But there is no magic cure and there is no doubt that any scheme which forces manufacturers to dispose of old appliances in an environmentally safe way will increase the cost of all new appliances. So all of us will have to pay more at some point as the cost of any scheme will inevitably be paid for by the consumer. But a deposit scheme does seem to be the fairest way, in fact there is no reason why a deposit scheme could not be applied to lots of other areas, like cars or glass bottles even newspapers. Also proper consideration should be given to schemes where goods are re-conditioned to allow them to be re-used, as this is even more environmentally friendly. For example Haringey council have just launched a 3 year pilot scheme to collect old appliances which reuses, recycles or re-conditions them (find out more here) in a bid to meet their recycling target of 18% for 2005/6.
If you feel that the deposit scheme is one which you would like to see implemented, or you have a better idea, why not contact your local MP and ask he/she to take up the cause. If you would like to contact your MP with a proposal click here