In this article I elaborate and defend a rights-based understanding of climate politics, that is, one that takes climate politics to concern the rights to access of natural resources as opposed to people’s economic incentives. The argument contains two parts. The first is negative: to demonstrate that the tragedy of the commons as a story of climate change is inadequate. The second is positive: to suggest a more satisfactory framework, which I call thetragedy of the few. In this view, climate politics is neither primarily mitigation nor economic incentive politics, but one of distributing rights to access natural resources in a fair and environmentally-friendly way. By changing both the narrative and underlying methodological assumptions, my goal is to enable us to accommodate the rights to access natural resources as a key moral issue in climate politics. I begin by sketching the main features of the tragedy of the commons and demonstrate its inadequacy. I then provide an account of the rights-based view of climate change that consists of two arguments. First, I demonstrate the normative side of the argument by highlighting the importance of environmental rights, and second, I outline the empirical side of the argument by discussing recent studies on the properties of natural resources and on the corporate agents who extract the resources that emit greenhouse gasses.