daredevil123 provided you with a very good explanation on the usage of CPL filters. They are meant to reduce light entering the camera.
THat is not what I said...
I said when you use a CPL, you lose light... but the purpose of CPL is not to reduce light... the reduction of light is a side effect.
Please go through this very simple presentation to understand what a polarizer really does.
http://www.colorado.edu/physics/2000/polarization/index.html