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From Point Lobos again:) Ramalina menziesii, the lace lichen or fishnet, is a pale yellowish-green to grayish-green foliose lichen. It grows up to a meter long, hanging from bark and twigs in a distinctive net-like or lace-like pattern that is unlike any other lichen in North America. It becomes a deeper green when wet. This is all over the place hiking along the trailhead to the coastline. (Wikipedia). It's quite coarse to the touch but looks very soft:)
I've read HERE that lace lichen is an important food source for deer in the Coast Range of California, and a source of nest material for birds.
Very interesting because this lichen is unknown in my part of the world, Buddy!