[raverbashing]

Countable elements should use are instead of is

There are many cars. There is much pain.

http://www.edufind.com/english/grammar/nouns3.php

[ronilan]

The number is singular.

There are many errors. There is an alarming number of them. There is too much debate. But not enough tipos.

[raverbashing]

Your right ;) http://en.wiktionary.org/wiki/number (item 5)