diff --git a/.babelrc b/.babelrc
index 29cd99f8c4..af736e9c19 100644
--- a/.babelrc
+++ b/.babelrc
@@ -5,8 +5,7 @@
             "targets": {
                 "browsers": [
                     "last 2 versions"
-                ],
-                "node": 12
+                ]
             },
             "modules": "commonjs"
         }],
diff --git a/src/MatrixClientPeg.js b/src/MatrixClientPeg.js
index 4d293b7e34..46debab731 100644
--- a/src/MatrixClientPeg.js
+++ b/src/MatrixClientPeg.js
@@ -247,5 +247,10 @@ class _MatrixClientPeg {
 if (!global.mxMatrixClientPeg) {
     global.mxMatrixClientPeg = new _MatrixClientPeg();
 }
+
+// We export both because the syntax is slightly different with
+// our babel changes. We maintain both for backwards compatibility
+// and for babel to be happy.
+// TODO: Convert this to a single export
 export default global.mxMatrixClientPeg;
 export const MatrixClientPeg = global.mxMatrixClientPeg;