No. Copying a Time Machine backup volume with anything other than the Finder is not supported (by us, nor Apple); CCC specifically disallows copying anything to or from a Time Machine backup volume. Apple does not document a procedure for making copies of Time Machine volumes.
Can I use CCC to restore content from a Time Machine backup?
Generally, no. If you want to restore content from a Time Machine backup, you should use Apple's Time Machine interface for that purpose. If you see a Time Machine snapshot in CCC's Snapshots table, however, you may restore files from that snapshot.
Can I use the same backup disk for both CCC and Time Machine backups?
Yes, you may use the same physical device, however you should created dedicated volumes on the device for each backup. We recommend applying a quota to the Time Machine volume because Time Machine does not offer functionality to limit the growth of snapshots on its volume; eventually Time Machine will consume all space available on the device.