January 1, 2021) of the total carbon oxide production of which is qualified carbon oxide (as defined in section 45Q(c))— (I) the generation, availability for such generation, or storage of electric power at such facility, or (II) the capture of carbon dioxide by such facility, . (b) Effective date The amendments made by this section apply to taxable years beginning after December 31, 2020. II Renewable Fuels 201. Biodiesel and renewable diesel (a) Income tax credit Section 40A(g) is amended to read as follows: (g) Phase out