The document discusses streamer theory of gas breakdown, which addresses some limitations of Townsend's theory. It explains that streamer theory involves additional mechanisms like photoionization and space charge effects. The total time lag of breakdown has two components - statistical time lag and formative time lag. An avalanche develops across the gap due to ionization, leaving a positive space charge. Secondary avalanches form near the anode due to field enhancement. As the streamer crosses the gap, a conducting channel is formed. Streamer theory predicts faster breakdown times and dependence on pressure/geometry compared to Townsend's theory.