The real truth behind cap and trade

The real truth behind cap and trade:

"The purpose of cap and trade is to reduce the number of carbon emissions. The costs will be seen in all things that are manufactured, including gas, food, energy, clothing. If consumers are spending less, companies will be producing less. That leads to cut backs, job loss, and higher unemployment. Who will be hit the hardest? That would be low income families who spend the majority of their earnings on energy costs."