It is exactly that. We are putting it deep into the ground and ignoring the problem.
That's not what as Ostrich does. An Ostrich leaves itself exposed and just closes its eyes.
Mankinds attitude to all sorts of threats is an ostrich policy, but burying nuclear waste is not one of those. Leaving it in a barrel and saying "nothing to see here" would be.
We should balance ourselves with nature now instead of dumping it on the future.
This way we're solving the CO2 problem the way a gambler solves their debt by borrowing more money to pay off loans.