Earlier today #17038 was merged which I opened to fix a problem when using `webpack@5.0.0-beta.30` with Next.js using the new Webpack 5 support. In that PR, the only change was the renaming of a configuration key. I later discovered that the change on the Webpack side was different than I initially thought, and this meant that the fix I submittted to Next.js didn't work.
This PR intends to fix the remaining problems. Webpack 5 now accepts a `environment` key that can be used to configure the target output. Previously, this was known as `ecmaVersion` and accepted a number. Now, `environment` accepts a configuration object with individual options. I've configured this in such a way where it resembles an ES5 environment:
```js
environment: {
arrowFunction: false,
bigIntLiteral: false,
const: false,
destructuring: false,
dynamicImport: false,
forOf: false,
module: false,
}
```
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