Wall Street News Alert: Breaking News Alert -- CLTH! October 14, 2008

  Wall Street News Alert's "stocks to watch" this
morning are: CleanTech Biofuels, Inc. (OTCBB: CLTH), Archer Daniels Midland
Company (NYSE: ADM), Covanta Holding Corporation (NYSE: CVA) and Aventine
Renewable Energy Holdings, Inc. (NYSE: AVR).

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There is important breaking news coming from CleanTech Biofuels, Inc. (OTCBB: CLTH), and the company should have investors monitoring the stock closely. Yesterday after the markets closed, the company issued a press release announcing that it has closed the merger of Biomass North America Licensing, Inc. into its wholly-owned subsidiary.

Great news for the company, as the press release states that CleanTech plans to move quickly to implement its newly acquired technology at a commercial waste transfer station in Chicago, Illinois to produce cellulosic biomass from municipal solid waste. In cooperation with the owner of the site, the permitting and approval process for construction of the plant is underway.

The cellulosic biomass to be produced at the facility can be used for a variety of purposes, including solid fuel for the production of electricity in existing coal-fired power plants. CleanTech has been approached by several utilities who desire to purchase the biomass from the proposed Chicago plant for use in existing power plants.

Mayor Richard M. Daley recently announced a plan to dramatically slash emissions of heat-trapping gases, part of an effort to fight global warming and make Chicago one of the greenest cities in the nation.

CleanTech's municipal solid waste to energy platform is a significant step towards fulfilling Mayor Daley's vision.

Investors are urged to continue to monitor the progress of the company!

Before the news was released, the stock closed Monday at Forty cents a share.

For Wall Street News Alert's in-depth profile of CleanTech Biofuels, visit http://www.WallStreetNewsAlert.com/HotStocks/CLTH101308/default.aspx.

In case you are not familiar with the company: CleanTech Biofuels, Inc. is a development stage company with technology that the company believes is capable of converting municipal solid waste into ethanol and other energy products. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at low or possibly negative feedstock cost, the Company expects to achieve profitability quickly relative to other energy producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switchgrass, wood waste, or corn stoverl.

Archer Daniels Midland Company (NYSE: ADM) up 17.1% on 10 million shares traded.

Every day, the 27,000 people of Archer Daniels Midland Company turn crops into renewable products that meet the demands of a growing world. At more than 240 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world's premier crop origination and transportation network, connecting crops and markets in more than 60 countries.

Covanta Holding Corporation (NYSE: CVA) up 11.4% on 1.4 million shares traded.

Covanta Holding Corporation is an internationally recognized owner and operator of large-scale Energy-from-Waste and renewable energy projects and a recipient of the Energy Innovator Award from the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy.

Aventine Renewable Energy Holdings, Inc. (NYSE: AVR) up 19.3% on 612,000 shares traded.

Aventine is a leading producer, marketer and end-to-end distributor of ethanol to many leading energy companies in the United States. Aventine is also a marketer and distributor of biodiesel.

Market Commentary:

"Oil prices moved higher on Monday as global markets rallied after governments launched bailout schemes to shore up banks. Light, sweet crude rose $4.14 to $81.84 on the New York Mercantile Exchange after oil fell to its lowest level in 13 months last week," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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