Well we all know energy does not disappear. it transforms. Thus, electricity transformed into heat in AV/computer/network gear is a byproduct of the equipment working and fulfilling its mission. While heat is a waste of useful energy, I’d rather see someone (Intel for example) invent cooler electronics and chipsets, not water heaters that sit on top of racks.
If you recall, a short-lived generation of laptops came out with Pentium 4 processors. The P4 was so hot it needed two huge fans to cool it, so battery life was about one hour or less. Then Intel was pushed to the wall and came out with the energy efficient (and cooler) Centrino platform.
I can imagine writing this email with a cold laptop and 20 hours of battery life in five years.