We demonstrate that conservation of global helicity plays only a minor role in determining the nature and consequences of magnetic reconnection in the solar atmosphere. First, we show that observations of the solar coronal magnetic field are in direct conflict with Taylors theory. Next, we present results from three-dimensional MHD simulations of the shearing of bipolar and multi-polar coronal magnetic fields by photospheric footpoint motions, and discuss the implications of these results for Taylors theory and for models of solar activity. The key conclusion of this work is that significant magnetic reconnection occurs only at very specific locations and, hence, the Suns magnetic field cannot relax completely down to the minimum energy state predicted by conservation of global helicity.