The 100 square degree FCRAO CO survey of the Taurus molecular cloud provides an excellent opportunity to undertake an unbiased survey of a large, nearby, molecular cloud complex for molecular outflow activity. Our study provides information on the extent, energetics and frequency of outflows in this region, which are then used to assess the impact of outflows on the parent molecular cloud. The search identified 20 outflows in the Taurus region, 8 of which were previously unknown. Both $^{12}$CO and $^{13}$CO data cubes from the Taurus molecular map were used, and dynamical properties of the outflows are derived. Even for previously known outflows, our large-scale maps indicate that many of the outflows are much larger than previously suspected, with eight of the flows (40%) being more than a parsec long. The mass, momentum and kinetic energy from the 20 outflows are compared to the repository of turbulent energy in Taurus. Comparing the energy deposition rate from outflows to the dissipation rate of turbulence, we conclude that outflows by themselves cannot sustain the observed turbulence seen in the entire cloud. However, when the impact of outflows is studied in selected regions of Taurus, it is seen that locally, outflows can provide a significant source of turbulence and feedback. Five of the eight newly discovered outflows have no known associated stellar source, indicating that they may be embedded Class 0 sources. In Taurus, 30% of Class I sources and 12% of Flat spectrum sources from the Spitzer YSO catalogue have outflows, while 75% of known Class 0 objects have outflows. Overall, the paucity of outflows in Taurus compared to the embedded population of Class I and Flat Spectrum YSOs indicate that molecular outflows are a short-lived stage marking the youngest phase of protostellar life.
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