Water vapor is a greenhouse gas in the Earth's atmosphere, responsible for 70% of the known absorption of incoming sunlight, particularly in the infrared region, and about 60% of the atmospheric absorption of thermal radiation by the Earth known as the greenhouse effect. It is also an important factor in multispectral imaging and hyperspectral imaging used in remote sensing because water vapor absorbs radiation differently in different spectral bands. Its effects are also an important consideration in infrared astronomy and radio astronomy in the microwave or millimeter wave bands. The South Pole Telescope was constructed in Antarctica in part because the elevation and low temperatures there mean there is very little water vapor in the atmosphere.
Similarly, carbon dioxide absorption bands occur around 1400, 1600 and 2000 nm, but its presence in the Earths atmosphere accounts for just 26% of the greenhouse effect. Carbon dioxide gas absorbs energy in some small segments of the thermal infrared spectrum that water vapor misses. This extra absorption within the atmosphere causes the air to warm just a bit more and the warmer the atmosphere the greater its capacity to hold more water vapor. This extra water vapor absorption further enhances the Earths greenhouse effect.
In the atmospheric window between approximately 8000 and 14000 nm, in the far-infrared spectrum, carbon dioxide and water absorption is weak. This window allows most of the thermal radiation in this band to be radiated out to space directly from the Earth's surface. This band is also used for remote sensing of the Earth from space, for example with thermal Infrared imaging.
As well as absorbing radiation, water vapour occasionally emits radiation in all directions, according to the Black Body Emission curve for its current temperature overlaid on the water absorption spectrum. Much of this energy will be recaptured by other water molecules, but at higher altitudes, radiation sent towards space is less likely to be recaptured, as there is less water available to recapture radiation of water-specific absorbing wavelengths. By the top of the troposphere, about 12 km above sea level, most water vapor condenses to liquid water or ice as it releases its heat of vapourization. Once changed state, liquid water and ice fall away to lower altitudes. This will be balanced by incoming water vapour rising via convection currents.
Liquid water and ice emit radiation at a higher rate than water vapour (see graph above). Water at the top of the troposphere, particularly in liquid and solid states, cools as it emits net photons to space. Neighboring gas molecules other than water (e.g. Nitrogen) are cooled by passing their heat kinetically to the water. This is why temperatures at the top of the troposphere (known as the tropopause) are about -50 degrees Celsius.