We study the effect of cooling flows in galaxy clusters on the Sunyaev-Zeld
ovich (SZ) distortion and the possible cosmological implications. The SZ ef
fect, along with X-ray observations of clusters, is used to determine the H
ubble constant, H-0. Blank-sky surveys of SZ effect are being planned to co
nstrain the geometry of the universe through cluster counts. It is also kno
wn that a significant fraction of clusters have cooling flows in them, whic
h change the pressure profile of intracluster gas. Since the SZ decrement d
epends essentially on the pressure profile, it is important to study possib
le changes in the determination of cosmological parameters in the presence
of a cooling flow. We build several representative models of cooling flows
and compare the results with the corresponding case of gas in hydrostatic e
quilibrium. We find that cooling flows can lead to an overestimation of the
Hubble constant. Specifically, we find that for realistic models of coolin
g flow with mass deposition (varying (m)over dot with radius), there is of
the order of similar to 10% deviation in the estimated value of the Hubble
constant (from that for gas without a cooling flow) even after excluding si
milar to 80% of the cooling-how region from the analysis. We also discuss t
he implications of using cluster counts from SZ observations to constrain o
ther cosmological parameters in the presence of clusters with cooling flows
.