Long-wave infrared radiation captured by a thermal camera includes (a) emission from an object governed by its temperature and emissivity, and (b) reflected radiation from the surrounding environment. Separating these components is a long-standing challenge in thermography. Even when using multiple bands, the problem is under-determined without priors on emissivity. This difficulty is amplified in near ambient conditions, where emitted and reflected signals are of comparable magnitude. We present a dual-band thermal videography framework that reduces this ambiguity by combining two complementary ideas at a per-pixel level: (i) spectral cues (ratio of emissivity between bands is unknown but fixed), and (ii) temporal cues (object radiation changes smoothly while background radiation changes rapidly). We derive an image formation model and an algorithm to jointly estimate the object's emissivity at each band, and the time-varying object and background temperatures. Experiments with calibrated and uncalibrated emissivities in everyday scenes (e.g., coffee pot heating up, palm print on mirrors, reflections of moving people), demonstrate robust separation and recovery of temperature fields.