I would call it too bulky a powder, not a light load.
I think they ran out of room before the velocity got up where it would be with the other "usual suspect" .30 carbine powders.
Hodgdon shows 11.0 compressed with a 110 bullet giving 1,545 FPS at 26,100 CUP.
About 10,000 PSI less then H110, and almost 600 FPS slower.
If your carbine will cycle with that much less gas pressure, I suppose it would work though.
rc