Why Tiny Cactus Bugs In Red Food Dye Are A $35 Billion Industry | Big Business | Insider Business

Cochineals are tiny bugs that live on prickly pear cactuses. The acid in their guts makes a red dye used in textiles, cosmetics, and foods like M&Ms and Yoplait yogurt. Indigenous people across Latin America traded it for thousands of years. It can be found on the walls of archeological sites, in priceless paintings, and in the robes of kings. But today, Peru dominates the market, and Mexico’s cochineal farms are disappearing. We met a few of the country’s last farmers trying to keep the ancient tradition alive.

Mexico's countryside may hold the key to the nation's energy future

Mexico is the seventh-largest producer of oil in the world but it's committed to increasing the developing of alternative bio-fuels.

By 2024 the country wants to produce 35 percent of its energy from renewable sources. This is part of its commitment to the Paris climate change accord. Consequently, bio-fuel projects are now booming in the countryside.

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