Unless you have a really flat surface that is easy to get to and work in, skip the emergency blankets as far as efficiency goes. First, they are 1 mil or less thick and tear in the blink of an eyelash. Second, they are folded very tight and it is almost impossible to get the wrinkles out, so the light doesn't reflect very well at all. White paint would be far more effective.
Now if you are frugal (not cheap!) like me and you don't have time to paint or buy Mylar, white cardboard works a treat. An offbeat source is cases of beer from the supermarket, though they are not very big pieces, which means you will need to consume mass quantities of brewskies to get the material. But, IMO, it is worth it.
Mike