SANTA FE, N.M. (AP) — The top job in New Mexico passed from one Latina governor to another Tuesday as Michelle Lujan Grisham took the oath of office, announcing it was time to spend more money on education and address climate change through the regulation of a booming oil industry and promotion of renewable energy.

Lujan Grisham, a Democrat, took over from Susana Martinez, a term-limited Republican, following a wave of Democratic victories for statewide office, top judiciary seats and Congress in the November election.

Lujan Grisham campaigned on promises to reform public education, provide un...