When I was in college, I became a moderately talented card magician. Although I’ve lost the ability to do unbelievable things with cards, I kept some knowledge about the dark art of disbelief. Most magic tricks work by presenting a spectacle that contradicts how an audience perceives the basic laws of the universe. A sword swallower, a rabbit pulled from a hat, or a card being drawn at random from a shuffled deck—each poses an irreconcilable challenge to the way we understand the world. It can’t be true; it must be true.Last month, Alaska became the latest American jurisdiction to stumble headlong into the torrid world of carbon credits, beginning a series of ecological magic tricks meant to
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