Geology of solar terrestrial planets Earth, and Mars) have substantial atmospheres; all have impact craters and tectonic surface features such as rift valleys and volcanoes. The term "inner planet" should not be confused with "inferior planet", which refers to any planet that is closer to the Sun than the observer's planet is, but usually refers to Mercury and Venus. The Solar System is believed to have formed according to the nebular hypothesis, first proposed in 1755 by Immanuel Kant and independently formulated by Pierre-Simon Laplace. This theory holds that 4.6 billion years ago the Solar System formed from the gravitational collapse of a giant molecular
Solar System moons. The centaurs and many short-period comets also orbit in this region. Due to their greater distance from the Sun, the solid objects in the outer Solar System contain a higher proportion of volatiles, such as water, ammonia, and methane than those of the inner Solar System because the lower temperatures allow these compounds to remain solid. The four outer planets, or giant planets (sometimes called Jovian planets), collectively make up 99% of the mass known to orbit the Sun. Jupiter and Saturn are together more than 400 times the mass of Earth and consist overwhelmingly of hydrogen and helium.