So it might be simpler to charge a fee when a product is initially manufactured that is based on the current cost of disposing that product. Perhaps this could even replace things like consumer sales tax or VAT.
That would incentivize manufacturers to create products with minimal disposal costs, and it would incentivize consumers to hang on to products longer or buy used.
It's a fixed fee based on the category of the device though, so not really an incentive for companies to change their ways, other than moving the entire business line from making iPhones to light bulbs.
When you are done with your electronics you can drop them off at any recycling center to be disposed.
It varies by province, but the cost is actually pretty minimal. I think the most expensive fee in my province is a large display at $7. The recycling fee for a laptop is less than a dollar.
It doesn't incentivize less consumption when you are paying the tax up front, but it does incentivize making sure that the electronics actually make it to the correct waste stream instead of the landfill.
It wouldn't work for several reasons though, not least because the company could cease to exist before the product failed.