As the Senate Environment and Public Works Committee begins hearings on the Boxer-Kerry climate change bill, Sen. Max Baucus (D-Mont.), a member of the committee who also chairs the Senate Finance Committee, said he could not support the measure in its current form. Baucus is the first Democrat on the committee to object to the bill, and his support is viewed as important for passage.  At the hearing, Baucus said he had “serious reservations” about the climate change bill’s target of a 20 percent reduction in greenhouse gases by 2020. He also said the bill should not allow the Environmental Protection Agency to regulate emissions.  Tuesday’s hearing included testimony from Energy Secretary Steven Chu, Interior Secretary Ken Salazar, Transportation Secretary Ray LaHood and EPA Administrator Lisa Jackson. The administration officials all stressed that the bill will create new “green energy” jobs.