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Usually a codec problem I believe. I take it this is on a different machine. If you Google "K-Lite Codec Pack" and then install that, it will probably resolve the issue for you.
Thanks for the suggestion, but that didn't do the trick. Yes it's a different computer - as I mentioned I created this project on my work computer then transferrred (incorrectly I take it from above) to a flash drive and now I'm trying to edit on my laptop. My work computere uses Windows 7 whereas my laptop is running Windows 10 (which sucks btw).
I installed the codeck package (basic version, then normal install) and I still have green clips.
It's odd because literally every other clip - from the same source video - is green whereas the rest play normally. Clips 1, 2, 4, 6, 8 and 10 of the same source video are green. Clips 3, 5, 7, 9 and 11, again from that same original video, play normally.