A nebula is a giant cloud of gas (mostly hydrogen and helium) and cosmic dust situated between stars in the interstellar medium. Nebulae serve as sites of stellar birth and death—including emission nebulae that glow from ionized gas, reflection nebulae that scatter starlight, and dark nebulae that obscure background stars.
Source: science.nasa.gov
17/05/2015

Like a pearl, a white dwarf star shines best after being freed from its shell. In this analogy, however, the Sun would be a mollusk and its discarded hull would shine prettiest of all! In the above shell of gas and dust, the planetary nebula designated NGC 2440, contains one of the hottest white dwarf stars known. The glowing stellar pearl can be seen as the bright dot near the image center. The portion of NGC 2440 shown spans about one light year. The center of our Sun will eventually become a white dwarf, but not for another five billion years. The above false color image was captured by the Hubble Space Telescope in 1995. NGC 2440 lies about 4,000 light years distant toward the southern constellation Puppis.