I'm neither for nor against, but on the physics here: basically all of the energy input as electricity is transformed to heat leaving a datacenter. Only a tiny tiny fraction is emitted as radiation (eg floodlights outside or light in fiber optics) or as kinetic energy (air moving away from fans/vents).
Computers are machines for turning electric energy into heat energy, plus some small useful side effects.
An electronic circuit drawing 1W of input power will dissipate all of that 1W as heat (assuming it's not outputting light or sound or other physical side effects).
Though there might be practical differences though between the excess heat intentionally exhausted, and other heat. Just speaking from a very macro sense.