Mount Agung — Bali's highest volcano — is what geologist call a stratovolcano.
Stratovolcanoes erupt infrequently, but when they do, they are usually violent. Mount Agung's last major eruption took place in 1963. With its recent activity causing it to spew out a massive ash cloud, experts think the volcano is on the brink of a much larger eruption.
People are being evacuated from the area surrounding the volcano. The eruption's effect, however, is much more widespread. Airline passengers face huge delays through cancelled flights and a closed airport, and explosive volcanoes in the tropics — like Mount Agung — have the potential to significantly affect all around the world due to atmospheric circulation patterns.
Explosive volcanic eruptions can send ash plumes and gases into the stratosphere. One of these gases, sulphur dioxide, can react with water to produce droplets that reflect solar energy back into space before it hits the earth. If the eruption is big enough, this could cause a reduction in the global average temperature over a period of years.
Satellites show that the sulphur dioxide in Agung's ash cloud is currently only halfway to the stratosphere, though one big eruption could easily increase that height. Not all volcanoes release sulphur dioxide, but Mount Agung is known to be filled with the gas — the 1963 eruption caused global temperatures to fall by 0.1-0.2 degrees Celsius over a year.