In The deluded world of air conditioning William Saletan offers a very interesting perspective. "We're cooking our planet to refrigerate the diminishing part that's still habitable".
When you air condition a building you're taking heat that's inside the building and moving it outside. That's what an air conditioner is, a heat pump. The fluids that go through an air conditioning system? They're the medium through which heat is exchanged, or rather pumped, from one place to another.