The issue is much more prosaic than the fundamental laws of physics changing over time. On average, very distant supernovae have a different composition than nearby supernovae. As the universe ages, more light element atoms are fused into heavier element atoms and expelled into space. That material is incorporated into the next generation of stars, so stars begin their lives with less and less hydrogen, as the universe ages. If that influences the light curves of supernovae, then it greatly complicates the use of supernovae as standard candles for distance measurement.