 Solution

During a exoplanet transit, starlight traverses the planetary limb. The effective opaque radius varies with wavelength because the altitude of slant optical depth near unity depends on molecular absorption and scattering. Differencing the in-transit and out-of-transit stellar spectra measures this wavelength-dependent blocked area, the exoplanet transmission spectrum. Stellar spots and faculae can contaminate that difference and require control.

During a exoplanet secondary eclipse, the disappearance of planetary light permits subtraction of the stellar contribution. Visible planetary light is predominantly reflected starlight, sensitive to clouds, hazes, Rayleigh scattering, and atomic sodium and potassium absorption. Infrared planetary emission and limb absorption show rotational-vibrational features of species such as water, carbon monoxide, carbon dioxide and methane, together with collision-induced absorption involving molecular hydrogen. Thermal emission also depends on the atmospheric temperature-pressure profile; a temperature inversion can turn a molecular absorption feature into emission. Which species are prominent depends on composition, temperature and the observed band, rather than being universal to every planet.