Bumped into this blog post while searching for something else, pretty neat.
Quote:
Found mostly on Mesameyama island in Ugui, Japan and Ribeira Valley Tourist State Park, Brazil, the appearance of these garish looking fungi is due to bioluminescence, one of the weird but wonderful reactions that happen naturally in many plants and animals.
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http://www.environmentalgraffiti.com...-the-dark/4821
