The North Sea would be an "ideal location" for storing waste carbon dioxide, a report has claimed. Carbon capture and storage (CSS) technology, which involves the gas being buried to so it cannot enter the atmosphere, has been mooted as one method of cutting global warming. A study published on Friday by the Global CCS Institute said the UK is "exceptionally well positioned" due to the "well advanced" technology and regulatory measures already in place. The North Sea would be "an ideal location to demonstrate CCS technologies that would form the basis of a valuable new industry", the report adds. Professor Stuart Haszeldine, SCCS director, said: "It is clear that worldwide, there is plenty of CO2 storage capacity that can be developed, many times that estimated by the International Energy Agency as needed by 2050.