In a large mixing bowl, combine the first six ingredients. Combine the applesauce, oil and eggs. Add to the flour mixture; mix well. Stir in the chocolate chips and walnuts.
Drop by rounded teaspoonfuls 2 in. apart onto baking sheets coated with nonstick cooking spray. Flatten slightly with a glass bottom coated with nonstick cooking spray. Bake at 350 for 10-12 minutes or until edges are lightly browned and cookies are set. Cool for 1 minute before removing to wire racks.
Makes 4 dozen.