The flue (I think that is what its called) from next doors gas central heating is blowing right over my sideway. What is that stuff coming out ? Is it likely to be a health hazard ?
Yes, there will be carbon monoxide within the exhaust gases, Kass. As long as the flue has been sited according to the strict regulations that apply, then it will be dissipated safely into the atmosphere.
The visible part is the "plume". It's largely water vapour (steam).