Systems and methods are provided for combined cycle power generation while reducing or mitigating emissions during power generation. Recycled exhaust gas from a molten carbonate fuel cell power generation reaction can be separated by using a swing adsorption process so as to generate a high purity CO2 stream while reducing or minimizing the energy required for the separation and without having to reduce the temperature of the exhaust gas. A high temperature adsorption reactor adsorbs the CO2 and recovers H2 from an exhaust gas of a first molten carbonate fuel cell at a high temperature and at a low pressure. The reactor passes along the adsorbed CO2 to a cathode and the recovered H2 to an anode of a second molten carbonate fuel cell for further power generation. This can allow for improved energy recovery while also generating high purity streams of CO2 and H2.