Solar-induced chlorophyll fluorescence (SIF) has been widely cited in carbon cycling studies as a proxy for photosynthesis, and SIF data are commonly incorporated into terrestrial primary productivity models. Though satellite-based SIF products show close relationships with gross primary productivity (GPP), this is not universally true at intermediate scales. A meta-analysis of the tower-based and airborne SIF literature revealed that mean SIF retrievals from unstressed vegetation span three orders of magnitude. While reporting on spectrometer calibration procedures, hardware characterizations, and associated corrections is inconsistent, laboratory and field experiments show that these factors may contribute to significant uncertainty in SIF retrievals. Additionally, there remain ongoing questions regarding the interpretation of SIF data made across spatial scales and the link between satellite SIF retrievals and primary productivity on the ground. Chlorophyll fluorescence originates from dynamic energy partitioning at the leaf level and does not exhibit a uniformly linear relationship with photosynthesis at finer scales. As a standalone metric, SIF measured at the tower scale was not found to track changes in carbon assimilation following stomatal closure induced in deciduous woody tree branches. This lack of relationship may be explained by alternative energy partitioning pathways, such as thermal energy dissipation mediated by xanthophyll cycle pigments; the activity of these pigments can be tracked using the photochemical reflectance index (PRI). Gradual, phenological changes in energy partitioning are observed as changes in the slope of the SIF-PRI relationship over the course of a season. Along with high frequency effects such as wind-mediated changes in leaf orientation and reflectance, and rapid changes in sky condition due to clouds, PRI offers crucial insights needed to link SIF to leaf physiology. While SIF offers tremendous promise for improving the characterization of terrestrial carbon exchange, and a fuller understanding of the boundaries on its utility and interpretation as a biophysical phenomenon will help to create more reliable models of global productivity.