Could be replicated using LED light reflection and a pane of glass.
Not going to get any definitive conclusions on this one because of the lack of zoom and detail in the object.

IMO, this video is a joke and the title he gave it is fraudulent

RICH GIORDANO'S OPINION:
To me this looks out of focus quite a bit which makes it real hard to identify. I also think this is a poor report because there's no info other then "here's what I got on tape" garbage.
The cameraman doesn't really give us an accurate following of where his camera is moving towards. The video almost looks like it was spliced in the beginning right before he gets the green thing into view so I will say that this could be any type of man-made light source.
HERE'S WHAT I THINK HAPPENED - Kind of reminds me of a Christmas light left over from the holidays. He was probably taping his lights so he wouldn't forget how to set them up next year and he probably saw how the lights sort of look like a UFO through the viewfinder and he decided to see how far he could take this little hoax. Why not? UFOcasebook will post anything, right?
cnufos.ning.com...