The cooling near solar minimum is natural and specific to the thermosphere. The cooling thermosphere does not affect the troposphere, the layer of the atmosphere closest to Earth’s surface where people live. The temperatures we experience on the ground do not get colder because of this solar cycle. NASA and other climate researchers continue to see a warming trend in the troposphere. These two effects are ongoing but unrelated.
Nitric oxide and carbon dioxide play important roles in cooling the thermosphere.