Abstract. The diverse applications of terahertz radiation and its importance to fundamental science makes finding ways to generate, manipulate, and detect terahertz radiation one of the key areas of modern applied physics. One approach is to utilize carbon nanomaterials, in particular, single-wall carbon nanotubes and graphene. Their novel optical and electronic properties offer much promise to the field of terahertz science and technology. This article describes the past, current, and future of the terahertz science and technology of carbon nanotubes and graphene. We will review fundamental studies such as terahertz dynamic conductivity, terahertz nonlinearities, and ultrafast carrier dynamics as well as terahertz applications such as terahertz sources, detectors, modulators, antennas, and polarizers.